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Simple_Renko
Dec 3, 2017 6:16 AM

Long GBPNZD (Higher Time Frame) Long

GBP/NZDOANDA

Description

See callout bubbles. Price has quite a bit of room to run before hitting the Brexit bear level. For now, the uptrend seems to be the path of least resistance. Use intraday charts to determine your entry and stick in it for the ride up. Because of the clean move down from Brexit, there aren't any big sellers until we go much higher. There may some turbulence on the way up, but that is to be expected. For now, it looks like the Bulls are in control.
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