GBP.NZD - Bearish Cypher 1.9017 & 1.9091 Short

British Pound/New Zealand DollarFXCM

Description

⋅ Nov 10, 2017 12:28 PM

Currency pair - GBP.NZD
Chart timeframe - 1hr
Area of interest - 1.9017 & 1.9091
Chart pattern - Bearish Cypher

Potential target 1 - 1.8927
Potential target 2 - 1.8873
Potential extended target - 1.8838

Comment

⋅ Nov 10, 2017 1:49 PM

D leg completion at 1.9017

Comment

⋅ Nov 13, 2017 9:59 AM

If you entered at 1.9017 your target 1 should now be attained.

Please note this was not a position i placed, full disclosure.

Comments

fejekejazg

⋅ Nov 10, 2017 2:50 PM

thank you! please share more of your views!

UnknownUnicorn180388

⋅ Nov 10, 2017 2:57 PM

@fejekejazg, My pleasure, i will do my best :-)

Vimalk

⋅ Nov 10, 2017 4:26 PM

It's looking interesting seems like a raid upto 19060, quite a few traders from 18890- 18960 - 100 pips stop loss theory to scare early sellers.
Would be a risky buy holding gbp into weekend pending more Brexit news.
Brucey bonus if it hits 19090 - have a good weekend

Zuhdi

⋅ Nov 10, 2017 1:44 PM

what trade active now?

UnknownUnicorn180388

⋅ Nov 10, 2017 1:49 PM

@Zuhdi, Not for me personally, i now require more confirmation.

fistos

⋅ Nov 10, 2017 7:06 PM

@tomhall, Thanks a lot for your Analysis.For the first time in my life I found simply graphs

UnknownUnicorn180388

⋅ Nov 10, 2017 7:22 PM

@fistos, My pleasure, i hope it continues to be beneficial.