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TradingShot
17 июня 2022 г., 14:52

GBPNZD Emerging Golden Cross targets 1.9830. Длинная

BRITISH POUND / NEW ZEALAND DOLLARICE

Описание

The GBPNZD pair is close to forming a 1D Golden Cross, which is when the MA50 (blue trend-line) on the 1D time-frame crosses above the MA200 (orange trend-line). That is a technical bullish pattern.

As you see on the chart, every time the pair formed a 1D Golden Cross, it traded within a Channel Up pattern and the price rose to the 1.5 Fibonacci extension and then the 2.0. Also the candle action printed a similar formation and they happened to be around the same levels. As a result we expect the price to trade higher within a new Channel Up and target 1.9830 (1.5 Fib) short-term.



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Комментарии
pkraucki
already invalidated?
UnknownUnicorn15614419
great work
Solldy
Thank you for the quality description of the asset. The uncluttered presentation helps to capture the main point of the idea.
Vibranium_Capital
awesome!
DeGRAM
Thank you for sharing your analysis.
VasilyTrader
Thank you for your analysis!
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