WaveAnalysis

GBPNZD Long Trade Setup

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FX:GBPNZD   Libra Esterlina/Dólar Neo-Zelandês
It's hard to say whether the last low is the end of the green C, but if it's, we should have a complete expanding flat between the orange lines. So, I'm looking for long trade setup. It seems like a reversal structure that has been forming after the last low. That's why I'm waiting for a correction to place a pending order. If I see a smaller trade setup after the correction, I'll take that one.

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