my elliot wave analysis for gbpnzd look like the wave are in 3 wave correction.the price are now heading to find its c wave of the correction before continue moving up.
the 5 wave and 3 wave cycle was completed in the abc wave in the higher degree.the weekly candle shows indicate that the candle exhaustion and tend to move downward due to the rejection from the sellers.
the target cluster of the wave movement is 2.145 area which is the support area of gbpnzd.
good luck!!happy forex trading!!
disclaimer ------------------------------ this forex trading idea was published for the purpose of study only. all the risk taking are at your own responsibility. ------------------------------
Trade closed manually
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whoopps!!! the price seems to reverse.close mannually.who follow me can take the profit. good luck guys!!