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Veejahbee

GBPNZD: POTENTIAL BUY OPPORTUNITY

Long
Livre sterling / Dollar Néo-Zélandais (FX:GBPNZD)  
Veejahbee Mis à jour   
FX:GBPNZD   Livre sterling / Dollar Néo-Zélandais
Trend Analysis Chart Patterns Wave Analysis gbpnzdlong gbpnzdsignal gbpnzdtrade GBPNZD GBP NZD elliotwaveanalysis brexit ukelection
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trendanalysis chartpattern waveanalysis gbpnzdlong gbpnzdsignal gbpnzdtrade gbpnzd gbp nzd elliotwaveanalysis brexit ukelection
Following up on the weekly analysis I posted earlier, GBPNZD has broken the daily corrective structure channel, and it's retesting it.
The break out is an impulsive move followed by a corrective structure that seems to be unfolding as a zigzag. The correction in wave (ii) of C has retraced 61.8 - 78.6% of wave (i), and it's within a deep Fibonacci extension zone "blue area." Price is expected to resume higher from or near the current market price.

Commentaire:
No buy confirmation on this setup. The bias is bearish now and will be updating the short setup soon.

Idées en relation

Veejahbee
GBPNZD WEEKLY: Short-term Bullish and Long-term Bearish
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