GBPNZD long
GBPNZD is in my opinion in an uptrend that is part of larger ABC (white; could be WXY too) and moving inside a channel.
My outlook is that price will move past the current resistance zone in a bullish manner.
My outlook is that price will move past the current resistance zone in a bullish manner.
Note
I do admit that the blue wave 3 is too short but as we are in a corrective pattern (abc in white) I believe this is valid). The alternative count would be that it could be a WXY of a higher degree ABC up.Trade closed manually
Please see my update on GBPNZD.
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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.