Morning Star on GBPNZD daily! Go long!
Morning star got formed 3 hours ago on GBPNZD daily when NY closed. Last time it was seen on the daily chart of this pair was more than a year ago in early March 2017. After last year´s GBPNZD morning star the bullish move was for over 1600 pips all the way into May 2017. Morning star is one of top 6 reversal signs. Earlier we had bullish engulfing which failed to penetrate 68 fib level resulting in the formation of this beautiful morning star off 68 fib level.
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