Started correction after 12345 Currently on C wave?
long up to 127% before impulse down?? Short around 1.75??
After a breakout of channel look for buy setup.
Hopefully C has not completed and we can still get involved.
Ignore this one till, GB really weak and very possible there is still more down move there's room.
Possible C is completed now, looking for a move to the previous swing high.
Seems like NZD could possibly be weak, wait to see.
Wait to see what happens near low trend line. See if you can catch a move up. GBP - very weak at the moment possible this will keep going down for another week.
Set pending order- Watch target 1.
Looking or another move down with a breakout, if it breaks out of structure, invalidate trade. Pending order set.
setting pending order - trail this. 1:1 not ideal but short trade. Long term view - potential 68.714.
4 wave still intact. Wait for completion and look for a sell set-up. Possible ABC - possible C is looking to get completed.
Thinking still in 3rd wave, ignoring until a mini bear trend.
Maybe end of correction Hoping for at least one more move down. 3.6:1