FX:GBPNZD   British Pound/New Zealand Dollar
35 0 4
9 months ago
gbpnzd             has been ending its downtrend on dailies to go back into its bullish weekly charts trend. good trade to go with the trend and we can possibly have a spike up coming any time soon so i will place a 3rd order just to see if i can hold for the spike and if not then it ends a break even once the 38.2 target gets hit. i do believe we are at the final hours before the pound spikes up against the nzd.
snapshot

both sides are just about equal lenghth by now and about equal angle. markets repeat themselves so i wouldnt be surprised if we have nearly the same reaction. the bear trend on the dailies is a false trend as it was a very sloppy bear compared to the bulls on this pair.
also at a 61.8 on the monthly so time for gbpnzd             to put on its real trend.
snapshot

will be trading this pair for a lot more bullish patterns from now on.
entry is 2.07105
stops and tp are there for you
happy trading!
9 months ago
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