GBPNZD Panoptic Weekly Map 15 to 19 August 2016

Using the Panoptic Weekly Map Method as described @Ichimoku_Trader we continue the posts on the GBPNZD. We are correcting back to the upper median line of the Pitchfork. So we wait for the correction to complete and then trade the next move down. Looking for a break of last weeks lows.

Trade active:

Trade closed: stop reached:

Will be looking for a new signal to go short.

Trade active:

Trade closed: stop reached:

It has taken some time but the market has turned and we were stopped out. We will be looking for a long entry on a new Panoptic Weekly Chart.