GBP/NZD Short opportunities, 1D
Hello guys, here's a new short opportunity.
The pair has been on a rising bullish channel and appears to be in an expanded flat corrective (abc) structure. The C wave of this structure is yet to be done and a recent bearish pull may suggest the start of C wave develop as well as the rejection to reach prior levels when briefly breaking a key resistance level. If the inability to reach higher levels is confirmed, it's expected for short opportunities to appear down to 123.6&-161.8% wave AB.
Thumbs up for support! Let me know what you guys think!
The pair has been on a rising bullish channel and appears to be in an expanded flat corrective (abc) structure. The C wave of this structure is yet to be done and a recent bearish pull may suggest the start of C wave develop as well as the rejection to reach prior levels when briefly breaking a key resistance level. If the inability to reach higher levels is confirmed, it's expected for short opportunities to appear down to 123.6&-161.8% wave AB.
Thumbs up for support! Let me know what you guys think!
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