GBPNZD Best long-term signal you'll get

26 בינו׳ 2023

The GBPNZD pair hit the bottom of the Triangle pattern it has been trading in since early 2019. This has been done staight after a 1D Death Cross (when the blue 1D MA50 crosses below the orange 1D MA200). This is quite similar to the October 2018 - August 2019 fractal. A new Golden Cross will confirm the currently strong long-term buy signal.

See how they both ae under near perfect symmetry. The first Lower High hit the 0.786 Fibonacci and got rejected. Our long-term target is 2.000, just below the top of the Triangle.



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