FX_IDC:GBPNZD   British Pound / New Zealand Dollar
9107 20 266
Hi Guys, hope all of you are having a great weekend. I am expecting a corrective structure to form this week and that will confirm the start of the up trend. I will be posting updates on lower time frames as it develops.


Trade with care
Thank for your support.
Comment:
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Hi Anil
Any update , is your view still unchanged.
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Wow ! Anil sir, what did you just do ;) lol eurgbp just plunged and gbpnzd flew up !!
You are a wizard sir !
Thank you
+1 Reply
Anil, so i just want to know if i am reading your chart correctly; meaning, are you expecting a possible pullback down to 1.69-1.70 region prior to resuming uptrend and taking out that resistance line, subsequently moving up to 2.0 region?
please advise, Thank you kindly sir
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update posted
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Thanks Anil...
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Thank you, great looking chart!
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Ideally, buyers should be "tired" with time, if there is not an amazing buying pressure.
That usually means compression, low interest from retailers, less trading and readiness to run, just as happened in early 2016 until May, sideways action.
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If you Guys following Mr Anil, You must listen to him, "DON'T ook for Animals on charts, Because they don't exist..." May u all have a profitable week
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market can always push down to the level you can't bear, take care, those buying GBP dip has been buried on Friday
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Koryphaeen fdtbeijing
Only those were buried or wiped out, who didn't understood structure behavior or didn't had a SL set when buying into it... the others had made a profit (not as great as the fall, but who could foresee that kind of crash) or were stopped out by the previously set SL for a max. of 2% loss of their account
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