Pip.Gawd
Long

Long Signal - 7/28/16 - Possible AB=CD pattern

FX:NZDJPY   New Zealand Dollar/Japanese Yen
We see that the pair has retraced down to the .618 Fib and bounced. This gives a strong indication that the pair has some more upside potential. Looking for a 400+ pip move from start to finish.
Trade active:
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Trade active:
snapshot
Comment: We are looking at a possible wedge forming on this pair. Also, the pair is sitting on the .618 Fib. Strong Support in this area indicated by the Red Dotted Line.
snapshot
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