FullTimeTrader

GBPNZD-correction finished

Short
FX:GBPNZD   British Pound / New Zealand Dollar
15
According to this count this pair is just making a correction for wave 4. We are still on a downtrend and fundamentals also support this bias.

We have also:

- ema 55 as resistance
- 0.38 fib retracement
- AB=CD pattern (visible on H4 chart) see below


Trade ONLY ONE GBP pair at a time.

Best regards

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Always do your own analysis before opening a trade.
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