GBP/NZD 4HR SHORT

Price breaking out of WEEKLY consolidation and headed down to 1.75000. Daily chart shows a clear contracting triangle that has already started moving from point E, forming leg AB(clearly visible on 4HR).
4HR got resistance at Fib level 61.8 creating point C and as we all know the golden ratio, price is most likely to find support at 161.8 with point D, thus completing the pattern ABCD.
Harmonic PatternsTrend Analysis

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