GBP.NZD - Long Opportunity At 1.7739
On the GBP.NZD 4hr chart we have a potential long opportunity at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.7739 & 1.7646
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 1.8000
Stop loss would be placed below X leg structure support.
Target 1 - 1.7868
Target 2 - 1.7950
The price reversal zone on this pair is between 1.7739 & 1.7646
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 1.8000
Stop loss would be placed below X leg structure support.
Target 1 - 1.7868
Target 2 - 1.7950
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.