GBPNZD shows a possible counter trend trade opportunity. We see a fist leg lower and IF we see a consolidation on lower time frames, I will be selling the continuation.
hope you guys profited from this trade as well. We are at the level of wave 4 of lesser degree so I took some profit but expect there is more to come. I'll be looking for minor consolidations and updates will follow.
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I'm still short this pair with my remaining position and if my wave count is correct there is more to come. We just need to wait for the consolidation first. Updates will follow once the consolidation starts.