GBPNZD is currently inside a big downward wedge type structure (1D). Since we are at the bottom of it im looking for a buy setup to trade it to the top again. We had this ABCD downward(dashed line) after the first initial move away from the lower(solid) line. if we now can confirm the breakout from that by breaking out above the current little consolidation i think we will continue higher here.
if we complete the cypher that way i will be looking to sell as well.