GBPNZD Net Long Trade Idea
GN has provided a very beautiful 5 wave bearish move within a set of guidelines. Price has just broken out of this parallel
channel and should be looking to create a corrective structure. I am anticipating a retest of the trendline along with the
confluence of the 61.8% fibonacci retracement level. As shown, I may trade the retest leg as well, as I wait for my buy
limit order to be triggered at 1.91260.
Long trade Targets:
-1.94000
-1.96000
I hope you enjoy this setup, Let me know in the comments what your view is on this pair, I would gladly love to discuss perspectives.
Hit the like button and share if you please, I will highly appreciate it. Have a blessed trading week.
channel and should be looking to create a corrective structure. I am anticipating a retest of the trendline along with the
confluence of the 61.8% fibonacci retracement level. As shown, I may trade the retest leg as well, as I wait for my buy
limit order to be triggered at 1.91260.
Long trade Targets:
-1.94000
-1.96000
I hope you enjoy this setup, Let me know in the comments what your view is on this pair, I would gladly love to discuss perspectives.
Hit the like button and share if you please, I will highly appreciate it. Have a blessed trading week.
Nota
Price didn't retrace to the anticipated retest level and has since spiked through what is my TP 1 level. Lovely move by GBPNZD.
Dagangan ditutup: sasaran tercapai
TP 2 Hit
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.