Short GBP NZD Harmonic Bearish Pattern Short

British Pound/New Zealand DollarFXCM

Description

⋅ Sep 25, 2012 1:07 AM

Short GBP NZD Harmonic Bearish Pattern : a little early... 1.985 would be a good harmonic retracement

Comments

karagiannisa

⋅ Sep 25, 2012 3:06 PM

Check for Fibo's of XA and BC and you will notice that they do not converge at this point. Not good probabilities for reversal