🏃NZDUSDis moving in the 🔴Resistance zone($0.6110-$0.6050)🔴 and 🟡Price Reversal Zone(PRZ)🟡.
🌊In terms of Elliott wave theory, NZDUSD seems to be completing a Zigzag correction(5-3-5/ABC) so that the main wave C structure is Ending Diagonal.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect NZDUSD to Fall to at least the 🟢Support zone($0.6021-$0.5985)🟢 after breaking the lower line of the Ending Diagonal.
New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 4-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🌊In terms of Elliott wave theory, NZDUSD seems to be completing a Zigzag correction(5-3-5/ABC) so that the main wave C structure is Ending Diagonal.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect NZDUSD to Fall to at least the 🟢Support zone($0.6021-$0.5985)🟢 after breaking the lower line of the Ending Diagonal.
New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 4-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade closed: stop reached
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Related publications
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.