gbpnzd - long to 1.8
Updating this idea from the previous thread which has grown too long. We now have an established low for wave B of the correction, and a 5 up from it. Any 3 wave correction now is a buy. Tomorrow morning (Tuesday) will be the high court decision. For those who trade the pound, cable also has a 5 up.
Note
After the 5 up for 1, this pair had a 3 wave correction to 1.7146 from where it's rallied quite well. However it now needs to hold above that low for the bullish idea to run. Ideally now we're in a 2 of 3 correction before a huge move up. Surprisingly other ? / nzd pairs are getting hit hard to the down side.Note
following the 5 up this has taken on a rather bearish and choppy look. If you're long, lock it in.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.