According to this wave count correction WXY has already finished. Triple combinations are are so we can expect a strong decline from here. I expect an AB=CD pattern as minimum. Be careful, best regards.
I don’t think so .. look up at this week candel close .. and Daily also the price already break the trend and retest it I think first TP 1.3450
FullTimeTrader
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@SaidAl-Shajrawi, thanks for comments, i like using technical analysis also. I think weekly candle is not decisive. Break and retest works better when price has strong momentum. Right now price is loosing momentum (wedge). Anyway, i will be looking to short here or higher. Best regards.
LotusTrading20
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From here expect ONLY lower?
FullTimeTrader
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@chocotraders, My bias is short, everyone must find an entry point using prefered trading system.
FullTimeTrader
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@chocotraders, My bias is short according to this wave count. Trading is always probabilities, nothing is sure.
twitterfx8
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I agree @FullTimeTrader . Do you think GBPNZD is also a good short??
FullTimeTrader
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@twitterfx8, I expect all GBP pairs to crash very soon (GBPCAD, GBPNZD, GBPUSD, GBPJPY). About GBPNZD i think it will make one more leg up and then will CRASH!!. Im looking for an exact entry to have a good R/R ratio.