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itaskar
Sep 1, 2014 4:28 PM

price in wedge 

British Pound/New Zealand DollarFXCM

Description

price in wedge, possible HAS pattern, price range is betwen green and purple line, short at black line if there will be good stop.

short is based on this 30 min downfrork
, stop - if there will be sideway to the black line then previous high, thin stop is needed because context in this fork is bullish what indicate move to the upside.

weekly view, price is right now at resistance:
Comments
itaskar
very interesting possition for this pair, not long yet but watching it closely
itaskar
its weekly
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