KevinSinghDhaliwal
Short

GBPNZD Potential Short Trade

FX:GBPNZD   British Pound/New Zealand Dollar
Hello everyone we have a potential bearish trade based on price action and harmonic patterns .

Good Luck

For info: kevinsdhaliwal@hotmail.com
Twitter: kevindhaliwal1
IG: AllTradingIdeas
Comment: one target reached!
Comment: second target done!
Trade closed: target reached
Am all ready in short side sl is 2.26500 for safe side
Reply
Good Luck lets see :)
Reply
Hi Kevin, Are you referring to the CD leg of the above pattern as a bearish harmonic?
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I really like your excellent and smart analysis, very clear and simple as usual. I am seeing the same thing. The same harmonic structure is forming on the Aussie/Kiwi too since both of these pairs are positively correlated to a certain degree.

AUD/NZD Weekly Chart:

snapshot



GBP/NZD Weekly Chart:

snapshot


Good luck next week and enjoy your weekend!
+1 Reply
Hi, awesome charts both GBPNZD and AUDNZD, makes it easier to understand the bigger picture. AUDNZD might reverse soon unless breaks out and confirms the breakout, then we might have an opportunity to short it (as your chart shows)

snapshot
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Have a good weekend and I really appreciate the kind words :)
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one done
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what about nzdusd still short or what ?????
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Couldnt break so have to see
snapshot

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two targets done!
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second target done!
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