GBPNZD Weekly Trade Plan
A possible correction on the H1 TF can be traded with a FG trade to the Tunnel. Triggger > Close above the wave
To trade the H1 TF (grey) iv/v leg with a BO4 Trade. Trigger > is either or or all. Trendline break. Reversal Candle Pattern and Close below the 13 EMA
Looking for the end of (grey v ) @ the 1.79 projection.
A deeper Wave 2 (blue) correction can be traded with a Trendline break and divergence between wave iii and v (grey) on the AO on
the H1 TF. If projections trade true. Then its time for the beauty of Wave 3 blue.
To trade the H1 TF (grey) iv/v leg with a BO4 Trade. Trigger > is either or or all. Trendline break. Reversal Candle Pattern and Close below the 13 EMA
Looking for the end of (grey v ) @ the 1.79 projection.
A deeper Wave 2 (blue) correction can be traded with a Trendline break and divergence between wave iii and v (grey) on the AO on
the H1 TF. If projections trade true. Then its time for the beauty of Wave 3 blue.
Note
We took a haircut on our first entry trading the iii - iv grey. With the minimum wave iv grey requirements being met. We closed our long position with a net plus on the two trades. Currently looking for a trend line break to trade the iv-v grey
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