GBPNZD Bearish Cypher Pattern and Long Opportunity
This is a mid-term/long term trade setup.
GBPNZD broke the bearish territory on H4 Chart and the price moved above EMA 50.
A bearish Cypher pattern completed at 1.88200 and Bearish Butterfly pattern would be completed at 1.89150.
Those patterns are signalling a bearish correction.
Our Midterm Trade Setup:
Pending Buy Order @ 1.86740 and 1.85600
Stop Loss: 1.84000
Targets: 1.90430 1.91500 1.93400 and 1.95400
This is a mid-term/long term trade setup.
GBPNZD broke the bearish territory on H4 Chart and the price moved above EMA 50.
A bearish Cypher pattern completed at 1.88200 and Bearish Butterfly pattern would be completed at 1.89150.
Those patterns are signalling a bearish correction.
Our Midterm Trade Setup:
Pending Buy Order @ 1.86740 and 1.85600
Stop Loss: 1.84000
Targets: 1.90430 1.91500 1.93400 and 1.95400
Discord Channel : discord.gg/Ku9kzfq
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord Channel : discord.gg/Ku9kzfq
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.