GBPNZD a perfect setup? Pattern + Elliot wave
My main strategy is to work with channel and pattern to be broke, a bit counter trend. I found the GBPNZD could be a great setup mixing my view and a perfect Elliot wave pattern.
PATTERN : falling wedge broke out to create the first wave
Wave 1 that retraced to 0.78 (the golden level for retracement of wave 1)
Wave 3 that goes up to extention 1.68 of the first wave (golden level for wave 3)
Wave 4 that should pullback to 0.38 without going in wave 1 territory to make the 5 higher.
So short for now and long soon.
PATTERN : falling wedge broke out to create the first wave
Wave 1 that retraced to 0.78 (the golden level for retracement of wave 1)
Wave 3 that goes up to extention 1.68 of the first wave (golden level for wave 3)
Wave 4 that should pullback to 0.38 without going in wave 1 territory to make the 5 higher.
So short for now and long soon.
My ideas are published at first for following my journey, if you like it, it's perfect but don't assume I am right, do you own research.
Feel free to contact me and follow my twitter, the more we are, the stronger we will be!
Feel free to contact me and follow my twitter, the more we are, the stronger we will be!
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