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TAS_is_Goliath_Capital_Growth
Jan 15, 2017 6:30 PM

GBPNZD to continue down on NZD strength  Short

British Pound/New Zealand DollarFXCM

Description

SETUP - This pair should continue down strongly on NZD strength. Looks like there may still be a short trade before retracement.

Comment

Another GBP fall for next week. NZD will not loose to GBP
Comments
marcusfx777
How do you see this pair in light of todays news?
TAS_is_Goliath_Capital_Growth
@Derby, Hi. Pound gapped down during the weekend. The bounce back to try and close the gap would happen with or without news. It's now at my 4 level and i think it will continue down
marcusfx777
nice analysis
TAS_is_Goliath_Capital_Growth
@Derby, Thanks
BambooGrowth
Hi TAS,
Appreciate and respect your work alot.
But I don't really agree with you here. I see bullish divergence, so I will be looking for price action buying opportunities
Even if we make another low, I would be all over it (buying)
This is just my 2 cents :)
Lets wait and see what happens

TAS_is_Goliath_Capital_Growth
@BambooGrowth, Thanks for the comment. It's now at my wave 4 of 5 level. It will decide probably this week. Trade safe.
BambooGrowth
@tas,

agree 100% with you. now busy with that wave 4
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