⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
Break the trend Down in H1 frame, test the trend. Price moves towards the support zone. Set up BUY signal
⭐️ SET UP GBP/NZD PRICE:
🔥BUY GOLD zone: 2.06550 - 2.05350 SL 2.06050
TP1: 2.06850
TP2: 2.07150
TP3: 2.07550
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and...
Fundamentals:- With the BOE slowly having its members move over to the rate hiking side of coin we can expect further downside of the GBP to be limited to previous support levels. Business confidence in NZD has fallen consistently for several readings and the dry weather has not helped GDP. We can expect the RBNZ to keep rates on hold for some time and economic...
On the 4hr GBPNZD a bullish butterfly has formed. The D leg has extended and I believe it has completed. Look for bullish evidence before taking this trade. Use wise money management, cheers.
On the four hour chart of GBPNZD a bullish butterfly has emerged. Bullish strength has formed. The D leg seems to be complete...look for bullish evidence before entry. This is a good place for the pound to pull back. cheers mates
Hey Guys,
Just got back after weekend and found this potential pattern opportunity,so shared with you to get on board as there is plenty of time remains for pattern completion.
Both the patterns are still in formation, lets wait for market to come to our D points for Entry then we will go Long in GBPNZD after checking our Risk:Reward ratio.
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