GBPNZD SELL SETUP: ENTRY:2.03425 SL: 2.04834 TP: 1.99556 NOTE: PRICE MUST CLOSE BELOW ENTRY POINT
EXPECTING PRICE TO DROP AS WE APPROACH THE 61.80%, GIVING US A GOOD SHORT ENTRY.
Price bounced off the support zone and also a trendline giving us a good opportunity to enter a buy. Market retraced at the 0.63% of the Fibonacci Level given another indicator to enter for bullish and also based on the two Harmonic patterns we have on the chart (one completed and the other is forecast) they are both indicating a bullish trend (Buy). Trade...
Complete Harmonic Pattern. First target at the B point and second Target at the C point