AkashGaur

HUGE long based on structure and harmonics

Long
AkashGaur Updated   
FX:EURNZD   Euro / New Zealand Dollar
Hello everyone, here i have setup based on the bullish triangle that we have here. As you can see price has a very strong impulse on the left side followed by a correction indicating further bullish momentum. It also appears that price has finished 4 of its 5 waves and is bound to complete its E wave at the lower trendline. We also have a harmonic pattern finishing close to the bottom trendline. However, it does appear that the market is overbought across larger timeframes so a big news might just be needed to take the market up like the one coming on March 29.
Comment:
this is our weekly structure in the form of an expanding wedge
Comment:
Order cancelled

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