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GBPNZD 28-03 [FEB] Analysis - Falling wedge for a 100 pip long

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
Trader-TO Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis GBPNZD gbpnzdlong
3
0
trendanalysis gbpnzd gbpnzdlong
This falling wedge formed during the recent 1H uptrend may indicate a long break out of 100 pips. This analysis further supports my earlier monthly analysis of a descending triangle testing 4H support for a potential long.
Comment:
It seems PA is already testing the trend line for a possible breakout!
Trade active:
Trend broken again and ready for entry
Comment:
PA has finally decided to move in the right direction and moving ok so far.
Trade closed: target reached

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