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FOR APRIL 22 - 26 ASCENDING TRIANGLE (LONG)

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
bishopblue  
FX:GBPNZD   British Pound / New Zealand Dollar
Chart Patterns Triangle
1
0
chartpattern triangle
THE CABLE-KIWI PAIR IS TRYING TO BREAK THE ASCENDING TRIANGLE WHICH IS ALSO IN CONFLUENCE WITH THE 618 FIBO RESISTANCE. FAILURE TO BREAK WILL SEND THE PAIR BACK TO THE LOWER TRENDLINE OR THE 50 FIBO. EASY TRADE WHEN IT BREAKS THE HORIZONTAL TRENDLINE.
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