GBPNZD gave as an impulse plus an ABC correction ,took this trade with a risk entry anticipating the ABC correction after the impulse
Note
price seems to be making a deeper correctionNote
Note
SL is about 100 pips on this new structurewhich for me is too much and therefore i'll take a pass on this trade if it plays out
i'll look to see if i can get another cheap entry. Thank you
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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.