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
second target done!
Reply
two targets done!
Reply
what about nzdusd still short or what ?????
Reply
Couldnt break so have to see

Reply
one done
Reply
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:




GBP/NZD Weekly Chart:



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)

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Have a good weekend and I really appreciate the kind words :)
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Hi Kevin, Are you referring to the CD leg of the above pattern as a bearish harmonic?
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Am all ready in short side sl is 2.26500 for safe side
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