GBP/NZD possible triangular wave structure
One of the scenarious for this pair is to form a continuation triangle which should finish one more leg up than a bit down and a possible thrust up.
The chances for this to happen will be much higher if the pair performs an impulse up during next few 4h sessions near the lower boundary of the triangle.
IF you plan to enter on the bullish side wait for a confirmation and then get in as per your strategy.
The chances for this to happen will be much higher if the pair performs an impulse up during next few 4h sessions near the lower boundary of the triangle.
IF you plan to enter on the bullish side wait for a confirmation and then get in as per your strategy.