Trading Strategy for (next) Week 24 (03-17 JUNE, 2016)

The GBPNZD pair, I think, has manifested a lot of interesting confirmations this week. It proved that it's move down wasn't complete yet, and along its way it invalidated the theoretical Wave 1 that I was counting last week, to the extent that I had to revise my wave count from 12345 into a double zigzag.

Next week, I will continue on building my long term long position (I have 84K now) as I wait for the completion of Wave C and will eagerly buy any early sign of an upward impulse while at the same time keeping in mind that a very strong BREXIT volatility or spike down may greatly amplify its depth.