TradingEW
Long

GBPNZD resumes uptrend ?

FX:GBPNZD   British Pound/New Zealand Dollar
133 2 3
Resuming it's uptrend on impulse move from the bases of lower channel lines, breaking which invalidates the wave count.
Thus, set buy stops above present price from 2.3450, and SL @ invalidation.
Target the completion of wave {3} @ 1.6182 x {1}.

Daily chart:
snapshot

Related Ideas

donaldsaw
a year ago
Hi,

Just wanted to see what your thoughts are on my EW count on this pair.

WK -
snapshot
- I have my count as sub wave 4 of a bigger wave 3

2HR -
snapshot
- Currently I have this as a corrective flat in a C wave down in progress (sub wave 1 of 5 in wave C)

Cheers
Don
Reply
donaldsaw
a year ago
This 2 hour chart might be better -
snapshot

Reply
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