GBPNZD a perfect setup? Pattern + Elliot wave

104
My main strategy is to work with channel and pattern to be broke, a bit counter trend. I found the GBPNZD could be a great setup mixing my view and a perfect Elliot wave pattern.
PATTERN : falling wedge broke out to create the first wave

Wave 1 that retraced to 0.78 (the golden level for retracement of wave 1)
Wave 3 that goes up to extention 1.68 of the first wave (golden level for wave 3)
Wave 4 that should pullback to 0.38 without going in wave 1 territory to make the 5 higher.

So short for now and long soon.

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.