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GBPNZD 4hour time frame

British Pound / New Zealand Dollar (FX:GBPNZD)  
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FX:GBPNZD   British Pound / New Zealand Dollar
Wave Analysis
7
0
waveanalysis
Short term is to the down side longer term is up trend all the way up to Monthly trend line...
Comment:
Price on trend line two possible outcomes 1. running flat and continuation to downside 2. more likely reversal to the upside RSI in divergence.. either way the best entry is on break out..

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Closer look on 15 minute chart..

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Change of the structure.

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Pattern Completed.

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