TradingView
esmhsn
Nov 29, 2019 9:00 PM

GBPNZD@4H – Buy Setup! 

British Pound/New Zealand DollarFXCM

Description

Hello Traders!

The pair was in a complex corrective structure (WXY) and just break out of the structure.

Complex wave (Y) complete itself, and we expect to test the top at level 2.03123 before it heads up to price level 2.0550 as a minimum target.

The R:R ratio in the two targets are 3:1 and 5.5:1 respectively!

Stay tuned and I will update any confirmed change of the structure!

Enjoy making money …

Twitter: twitter.com/esmhsn

Essam
More