GBPNZD: Waiting for Completion of Bullish Cypher.

11 thg 7, 2019

Waiting for the completion of the D leg to hit either the .786 or .886 (preferably the .886 for a better rr ratio.) for the materialization of the Bullish Cypher pattern. I'm also keeping in mind that this could just be distribution so the Sterling could keep falling until OCt 31.

GBPNZD weekly: Price is at support in the deficit zone of this consolidation channel.