ElliottWaveBelgium

GBPNZD - Big Sell off coming !!!

Short
FX:GBPNZD   British Pound / New Zealand Dollar
Because we got out of a triangle wave B, we know that this rise is limited and that we'll see a reversal pretty soon here.

On the 1hour chart we can see that we have only 3 out of 5 waves up, so, we could see 1.96-1.97 before we start going lower.

If for any reasons we go above the invalidation level, the count gets negated and we need to get back to the drawing bord.
Comment:
1hours chart
Comment:
Don't hesitate to like and share my ideas
Also, Subscribe to my FREE Telegram Channel for MANY more updates
t.me/em16public

If you have ANY questions, reach out to me through
comments, chat or my Telegram t.me/ewbelgium
Comment:
If you want to know exactly how to manage this trade, you can join my paid group.
For any question, reach out to me through Telegram t.me/ewbelgium .

This trade will be one of those that can make your year!
We have very limited risk compared to huge possible returns !

So, don't hesitate, come and join me while we ride this mega wave !

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.