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Labworx

GBPNZD Short term buy setup

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
Labworx  
FX:GBPNZD   British Pound / New Zealand Dollar
Wave Analysis
4
0
waveanalysis
On the longer term my view is bearish but the pair created a bullish convergence on the H1 after a tripple cycle down on the H4.
www.screencast.com/t/ZIWFXPCbN
Also the H1 top TL was broken and retested on the H1.
www.screencast.com/t/j4FMHSw1
The way is now open towards a 50% retrace of the tripple wave before we can look for a bearish continuation.
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