GBPNZD Bullish Butterfly Potential Long Opportunity

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.

Levels as described in the chart
Chart PatternsHarmonic Patterns

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