NZDUSD has started to form corrective waves in a descending channel after completing five impulse waves so that the structure of corrective waves is Zigzag(ABC/5-3-5).
The main wave A and B correction inside the descending channel has been completed, and now NZDUSD is completing the main wave C.
The main wave C has an Expanding Ending Diagonal structure.
I expect microwave 5 of the main wave C to finish in the 🟡Price Reversal Zone(PRZ)🟡 and at the bottom of the descending channel.
🔅New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), Daily 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.
The main wave A and B correction inside the descending channel has been completed, and now NZDUSD is completing the main wave C.
The main wave C has an Expanding Ending Diagonal structure.
I expect microwave 5 of the main wave C to finish in the 🟡Price Reversal Zone(PRZ)🟡 and at the bottom of the descending channel.
🔅New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), Daily 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.
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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.