GBPNZD expect next leg down

FX:GBPNZD   British Pound / New Zealand Dollar
63 0 3
following the Elliot wave theory, we can expect a new lower low now that we had a lower high in the upper trendline .

sell limit at 2.1150 for better entry on the trendline restest

Trade safe traders, this is a extremely volatile pair and it makes 200-300 pip moves on a daily basis.

Trade active: Order was trigered, SL already at +200 pips. I´ll let it roll till 2.06 and lets see if it makes doble bottom or if it breaks!

Trade safe traders!
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