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ard3413
15 Th04 2016 15:47

GBPNZD; is it boiling up for an impulse? 

British Pound/New Zealand DollarFXCM

Mô tả

this triangle may be end of corrective phase which is a combination correction.
only a break out above (d) wave of triangle AND moving impulsive is a confirmation for this setup because still it has room for downside.
note the divergence.

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this is daily view. important swings make a gartley harmonic pattern and price is at 61.8% of weekly low to high movement. again note the divergence.

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expecting wave C of flat

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the (abc) corrective pattern in the chart is a kind of flat correction.
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UnknownUnicorn302563
Many thanks for sharing your idea as always. Cheers mate!
ard3413
your welcome :)
ard3413
*you're welcome
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