GBPNZD Corrective Structure About To Break?
GBPNZD has formed a corrective structure within a larger downtrend. This structure has a bearish setup with good targets to the downside. We saw the completion of wave 4 a few hours ago and I now await confirmation as to whether the break will occur now or whether we must wait for wave 5 to complete first.
Note
5th wave completed as expected. Waiting for the short trigger
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.