GBPNZD Bullish Butterfly Potential Long Opportunity

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FXTERS
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3 years ago

PAIR: GBPNZD

CHART TIMEFRAME: H1 – H4

TREND ON THE CHART TIMEFRAME: BEARISH

FACTS AND PATTERNS: Bullish Butterfly Pattern

CURRENT PRICE: 1.8968

POSSIBLE “PREDICTED” PRICE ACTION: We see two different Bullish Harmonic Pattern formation in the chart. Price is likely to test Fibo127% of XA move and Fibo 61.80 Extension of XAB move. Bullish Butterfly Pattern will be completed at 1.88780

http://www.fxters.com/gbpnzd-bullish-butterfly-potential-long-opportunity-12-27-2017/

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  • blankz13
    blankz133 years ago

    looks good for a bottom out! it might not reach there though! you will have to start getting in a bit early!

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    • Bob Sabastine
      Bob Sabastine3 years ago

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