Divergensity

Going where the "C" goes

Long
FX_IDC:EURNZD   Euro / New Zealand Dollar
I think EurNZD is in the 3 wave correction as of now. The first two moves A,B are done and now its likely on its way to finish the C wave. It might form an expanding flat where the C goes beyond A. Ideally, I would look at A as the target price while trading the C wave. The chart is simple and easy to follow. IF there is a buy setup with low risk, THEN I would look for a long opportunity. Else, wait and watch.

**This is not a trade advise**
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