1.300$ // Long-term // IF=THEN ® Short
British Pound/New Zealand DollarFXCM
Description
⋅ FX:GBPNZD
4th wave completed?
Wave 5 = wave 1 is next...
Clearly rejected @weekly Resistance W1, the 50% retracement, tested previous structure (yellow circles) @weekly Support W1, what to expect next?
Eventual Bearish Bat pattern to complete around 2.92$. Point C with no clear definition until now...
1.300 is the target ;)
Safe trades;