Mon, Jan 26, 2026 14:54 GMT
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    HomeContributorsTechnical AnalysisElliott Wave Analysis: Potential Triangle On GBPNZD Points Higher

    Elliott Wave Analysis: Potential Triangle On GBPNZD Points Higher

    GBPNZD is trading in a potential complex correction as part of wave iv). We see a possible contracting triangle correction in the making, with four sub-waves already unfolded. Current intra-day move can now be final sub-wave e of iv), that can search for a base near the lower triangle line and later make a new five-wave recovery higher, into wave v)

    GBPNZD, 4H

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