GBPNZD LONG
Updated
As you can see, price has created a channel on the 4H timeframe within a daily/weekly rising wedge.
AWAIT BREAKOUT of the channel then a retests followed by an bullish engulfing candle to go long - I expect this to re-test the top of the rising wedge which would test the last high + corresponds with the 0.5 weekly fib region.
AWAIT BREAKOUT of the channel then a retests followed by an bullish engulfing candle to go long - I expect this to re-test the top of the rising wedge which would test the last high + corresponds with the 0.5 weekly fib region.
Note
As you can see the price has now broke out of channel as predicted and engulfing candle on 30 minute time frame
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