GBPNZD Trade Setup & Forecast for the week 10th Feb, 2014
GBPNZD Trade Setup & Forecast for the week 10th Feb, 2014
Daily Chart
Hourly Chart
This is a Cypher pattern which I were monitoring last week , but not posted on my blog because its not a pair I normally trade. However, it had penetrated the 78.6 level on the D, but due to the smaller time frame price action, it had shown me some bullish momentum for me to take a punt on longs towards the minimum B level for a 1:1 and potential upwards to new highs.
Outlook Trade opportunity
Current Long trade is in, however a future Short setup is spotted on the dailyRisk Level - na
Tips -
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