CYPHER PATTERN + ASCENDING TRIANGLE
This is a daily analysis on GBPNZD
Entry: Now
Stop-Loss: 2.07000
Take Profits: 1.89700
NOTE: I don't expect a deep retracement as there is another pattern forming in this pattern so I think the price action might go to TP 2. If you do decide to hold on for TP 2, you will have to BE VERY CAREFUL!!!
TP 2: 1.85000
Entry: Now
Stop-Loss: 2.07000
Take Profits: 1.89700
NOTE: I don't expect a deep retracement as there is another pattern forming in this pattern so I think the price action might go to TP 2. If you do decide to hold on for TP 2, you will have to BE VERY CAREFUL!!!
TP 2: 1.85000
Trade active
UpdateEntry: 2.13047
Stop-Loss: 2.15000
The Take-Profits are the same.
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