FX:GBPNZD   British Pound/New Zealand Dollar
55 7 0
Correction due
ForceFollower
2 years ago
I like your new candles. Looks like you got it right. May be headed for 2.0, just to retest it again.
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motleifaul ForceFollower
2 years ago
Thank you. 2 - may be later. On the 1 hourly basis I took the profit now as we are not even able to complete the 38.2 % fibo correction.
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motleifaul motleifaul
2 years ago
I think, now after the correction in the 4h-chart it's possible to renew the long position for the target 2 or a bit higher.
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ForceFollower motleifaul
2 years ago
Yeah, it looks bullish. But look at the swing highs and lows - they are lower and lower...
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motleifaul
2 years ago
This day killed me. This shows the limits of technical analysis, because of I am not the only loser with NZD today.
Most of tech. analysts had expected a falling NZD.
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ForceFollower motleifaul
2 years ago
I'm sorry to hear that. I was hoping you knew I was bullish on NZD... Just keep in touch with me... :-)
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motleifaul ForceFollower
2 years ago
Yes, sometimes you're right. ;-)
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