ElliottWaveBelgium

GBPNZD - Big Sell off coming !!!

Viés de baixa
FX:GBPNZD   Libra Esterlina/Dólar Neo-Zelandês
Because we got out of a triangle wave B, we know that this rise is limited and that we'll see a reversal pretty soon here.

On the 1hour chart we can see that we have only 3 out of 5 waves up, so, we could see 1.96-1.97 before we start going lower.

If for any reasons we go above the invalidation level, the count gets negated and we need to get back to the drawing bord.
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1hours chart
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We have very limited risk compared to huge possible returns !

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