GBPNZD H2 XABCD advanced buy/hold trade setup

24 sept

🔸Hello traders, let's review the 2 hour chart for GBPNZD.
Speculative XABCD in progress, with PRZ/D set at 2.1100,
so expecting more losses in GBPNZD before reversal from PRZ/D

🔸XABCD structure is defined by point X at 1155, point A at 1330, point B
at 1200, point C at 1360, point D/PRZ at 1100, currently most points validated, point D/PRZ still pending, so traders should wait until we hit D before buying.

🔸Recommended strategy for GBPNZD traders: wait for pullback/correction
to complete at point D near 1100, buy/hold, SL 80 pips, TP1 +175 pips TP2
+250 pips. BUY/HOLD at point D/PRZ at 1100. swing trade setup. good luck!

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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

26 sept

Nota

good progress so far, will update the setup this Friday

6 oct

Nota

TP1 hit +175 pips. congrats if you followed.

14 oct

Operación cerrada: objetivo alcanzado

TP2 hit +250 pips.

16 oct

Nota

22 oct

Nota

Best Level to Short USDCAD TP +260 pips