The Pound Kiwi is on the rise in a 5th wave (E) of a long standing triangular consolidation.
A long could be considered with
1. Entry at 200 MAV
2. Target top of triangle
3. Stop below 20 MAV
RR = 2+
NB - a better trade opportunity may present later , in the opposite direction.....
A long could be considered with
1. Entry at 200 MAV
2. Target top of triangle
3. Stop below 20 MAV
RR = 2+
NB - a better trade opportunity may present later , in the opposite direction.....