---
📉 **GBP/NZD Bearish Momentum Building: Wolfe Wave Signals a Drop**
The GBP/NZD pair has shaped up a compelling **Wolfe Wave pattern**, now tipping toward a bearish continuation. The setup is already in motion, with price action showing signs of aligning with a downward trajectory.
🚨 **Key Technical Highlights**
- ✅ Wolfe Wave structure is fully formed and validated.
- 🔻 A break below the **red zone** signals the start of accelerated selling pressure.
- 🎯 Target: Candlesticks are now aiming to touch the **dashed line between wave 1 and wave 4**—the classical Wolfe Wave destination that often dictates reversal equilibrium.
📊 **Why It Matters**
This isn't just a dip—it’s a structurally supported fall backed by harmonic rhythm and clear pattern mechanics. Traders recognizing this alignment could be preparing for a swift ride down, with high conviction backed by wave theory.
⚠️ **Trade Watch**
If price plunges beneath the key red zone, expect velocity. This kind of setup isn’t one to drift—it’s wired for momentum.
---
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.