The larger structure on GBPNZD; +potential pips up for grabs now

FX:GBPNZD   British Pound/New Zealand Dollar
63 2 2
Analysis on chart
If stop level is breached, flip short on the basis of the impulse labeled A being the C to an expanded flat (this is now your stop level), with a move to the downside expected to be comparable to the prior decline from the diagonal fifth (will be able to recover any losses+ profit)
+1 Reply