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Linton_White

GBPNZD Corrective Structure About To Break?

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
Linton_White Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Wave Analysis GBPNZD gbpnzdshort gbpnzdlong pound poundsterling newzealand correction correctivestructure breakout
6
3
trendanalysis chartpattern waveanalysis gbpnzd gbpnzdshort gbpnzdlong pound poundsterling newzealand correction correctivestructure breakout
GBPNZD has formed a corrective structure within a larger downtrend. This structure has a bearish setup with good targets to the downside. We saw the completion of wave 4 a few hours ago and I now await confirmation as to whether the break will occur now or whether we must wait for wave 5 to complete first.
Comment:
5th wave completed as expected. Waiting for the short trigger
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