āļāļāļāļāđāļāļąāļāļāļĪāļĐ / āļāļāļĨāļĨāļēāļĢāđāļāļīāļ§āļāļĩāđāļĨāļāļāđāļĨāļāļĨāļ
GBPNZD: Target 1 hit! ð...What's next?
As we can see from our last setup (see chart below) the GBPNZD pair reached our first target around 2.0087, but at the same time, I don't rule out reaching our old Target 2 (now Target 1) around 1.9850 area.
Technically speaking, the pair might develop something like an ABC Pattern as the main trend still remains bullish on intraday chart.
PREVIOS ANALYSIS
(Click and Play on Chart below)
Trade with care!
Like if my analysis is useful.
Cheers!
GBPNZD pair reached our first target around 2.0087, but at the same time, I don't rule out reaching our old Target 2 (now Target 1) around 1.9850 area.Technically speaking, the pair might develop something like an ABC Pattern as the main trend still remains bullish on intraday chart.
PREVIOS ANALYSIS
(Click and Play on Chart below)
Trade with care!
Like if my analysis is useful.
Cheers!
āļāļąāļāļāļķāļ
āļāļąāļāļāļķāļ
āļāļąāļāļāļķāļ
āļāļąāļāļāļķāļ
approach to first supportāļāļąāļāļāļķāļ
Approach to the last support area, if from here the pair will trigger a rebound, from a technical point of view it should be sold...āļāļąāļāļāļķāļ
...rebound in play?āļāļąāļāļāļķāļ
...still in playāļāļąāļāļāļķāļ
The pair has successfully rebounded from our support around 1.9873, but as we said in previous updates, the technical bounce should be sold by the market. That said, our strategy hasn't changed and our Target is still valid.āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
Target 1 hit ðāļāļąāļāļāļķāļ
Even if our first Target was hit correctly, I expect a new low on intraday chart, and this swing might push the price around 1.9805 area in near term.āļāļąāļāļāļķāļ
? ? ? āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
Target 2 hit ðHaving said that, I personally want to thank the 12 traders who supported my setup with a simple Like, but above all I thank them for respecting the work of others, and I wish them all the best!
āļāļąāļāļāļķāļ
Nice rally after out Target.....
āļāļēāļĢāļāļģāđāļŠāļāļāļāļĩāđāđāļāļĩāđāļĒāļ§āļāđāļāļ
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
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āļāļēāļĢāļāļģāđāļŠāļāļāļāļĩāđāđāļāļĩāđāļĒāļ§āļāđāļāļ
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
āļāđāļāļĄāļđāļĨāđāļĨāļ°āļāļāļāļ§āļēāļĄāđāļĄāđāđāļāđāļĄāļĩāļ§āļąāļāļāļļāļāļĢāļ°āļŠāļāļāđāđāļāļ·āđāļāļāđāļāđāļŦāđāđāļāļīāļāļāļīāļāļāļĢāļĢāļĄāļāļēāļāļāļēāļĢāđāļāļīāļ, āļāļēāļĢāļĨāļāļāļļāļ, āļāļēāļĢāļāļ·āđāļāļāļēāļĒ, āļāđāļāđāļŠāļāļāđāļāļ° āļŦāļĢāļ·āļāļāļģāđāļāļ°āļāļģāļāļĢāļ°āđāļ āļāļāļ·āđāļ āđ āļāļĩāđāđāļŦāđāļŦāļĢāļ·āļāļĢāļąāļāļĢāļāļāđāļāļĒ TradingView āļāđāļēāļāđāļāļīāđāļĄāđāļāļīāļĄāļāļĩāđ āļāđāļāļāļģāļŦāļāļāļāļēāļĢāđāļāđāļāļēāļ