GBPNZD DAILY Potential Short for Leg C

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GBPNZD Daily

DESCRIPTION
Price appears to have completed 5-wave sequence followed by Waves A and B of ABC correction cycle.

Apparently wave B of ABC correction appears to have complete confirmed by a Bearish Engulfing pattern developed last week.

Price has a high probability to visit 1.89200 level for potential Bullish Move for Wave C/3.

Disclaimer
Charts are educational, NOT investment Recommendation

Trade ist aktiv:

Still holding short...about a month now!