GBP/NZD
Updated
Looking for GN to hit the 200/800 MA touching on 4hr at the 38% retrace with the potential of it being a larger sell breaking the low as a completed 3 wave correction, considering how choppy it has been. It came off the .618 retrace of its last wave.
Note
you can label that as an A-B-C correction. The "C" as an overlapping diagonal pattern
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.