Price is now entering a key where we should have wave B completion. One more wave up will complete the entire cycle. There will be many long opportunities in wave C and as soon as i indetify a signal in the lower timeframes i will update this post.
Like and comment,
Too much time for it to be a wave 2 in a trending impulse and I don't see clear 5 waves up on the first leg, but not that important.
Timing rules out wave 1-2 in my opinion, based on my superficial neowave knowledge.
Using other methods, I get that AUD is considerably weaker than NZD, so, I'd be careful trying longs on this falling knife.
(I had the same wave count but Tim West corrected me a while back) Just a heads up.
We can determine what it will do without using EW here, it's a pretty low liquidity pair, so I wouldn't worry too much about EW.
Patterns, price action, trendlines, time at mode, other methods will most likely work.
It's interesting to keep in mind that Glenn Neely himself isn't trading using his forecasting tools, since he discovered that forecasting doesn't lead to profits in the markets by itself, because of the lag needed to confirm wave counts. He is, though, possibly (100% sure according to my mentor, Tim West) the best elliotician out there though.
I use time at mode, which is a methodology devised by Tim West ( https://www.tradingview.com/u/timwest/ ) to trade, but I do consider neowave and its rules from time to time, when applicable.
Have a good one!