GBPNZD - NOT BUYING NOT SELLING; BUT WATCHING FOR UTURN
Updated
This has been strong to the downside. Based on the fib levels I am waiting for the uturn. I will wait for the break of the trendline into the buy zone and then will take this north to 20730.. It should square up a little tomorrow if the selling momentum can hold off. Just thought I would share my lines. Will let you know when I am on. Thanks!
Note
Man are they selling down or what.. just watching it. My guess is 2.0.. Thanks!Note
GET READY FOR SHORT COVER RALLY NEXT WEEK.. LET THEM KEEP SELLIN' 198 SHORT COVER LONG RALLY TO 203 seem feasbile to me... I am not long yet.Note
OK spotted a UTURN.. See recent post for stops and limits... Retracements are in play to the long side. I am on this one. from last night.
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