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SteveTobin
May 17, 2015 11:13 PM

GBPNZD Long Long

British Pound/New Zealand DollarFXCM

Description

I opened a long trade when the market opened this morning. GBPNZD appears to have completed a longer term turning pattern, could be H&S or rounded bottom depending on your interpretation. Targets are measured from the Head of the pattern. As always with this pair volatility is huge meaning big stops! My investment horizon is always long term and I hope to be in this trade for several months.
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