FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD is within a parallel channel and last week we saw it reject the channel and drop. Simply look for a bearish correction and enter. Ideally the correction would lead us back to the area of interest indicated in the chart.
We're anticipating GBP weakness across the board. See links below as to why.

Goodluck and trade safe!
Comment: GBPNZD 8H
Comment: 450 pips so far :)
Comment: GBPNZD Update -
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Comments

Nice work here, what do you think about GBPAUD?
+3 Reply
WicktatorFX TeeBanks
@TeeBanks, I’ll post a set up soon :)
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This is beautiful
+2 Reply
Great job keep up the good work
+2 Reply
WicktatorFX aattwood530
@aattwood530, thanks bud
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Was watching it all day unfolds and then retracement to almost where it all started. I wonder if that is considered normal given the size or because of the fundamentals?
+1 Reply
Beautiful setup, @WicktatorFX ! Price this morning is hovering just above the 50% Fibo retracement of the whole previous run-up. Price is decelerating a little as it approaches this level, but overall it's still looking pretty bearish. Great little earner - thanks so much for the analysis!
+1 Reply
Amazing analysis, I missed the entry for a few pips, looking to re enter on the re test at 1.96
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I entered exactly as instructed on break of correction, ideally at the area of value indicated(thus, not too early not to late) and made 300$ on from 194.8 to 192.8. My biggest profit ever so far and im soooo happy! :) It might even go to 18x???. Could you maybe someday explain what you mean by your bear flags and bull flags. So we can relate to your chartups even better! Like whenever you mark up clearly and concisely a "bear flag" or "bull flag" on the chart, i look at it and go, "whaaaaddd.... istat..." :$
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