ElliottWaveBelgium

EURNZD - Let it go a bit lower before buying

Long
FX:EURNZD   Euro / New Zealand Dollar
EURNZD - Looks like that wave B finished and are now making wave C.
Ideal termination point would be 1.766..
If price stops and starts reversing from that level we should buy in.
Comment:
EURNZD - Wave B went complex but fell sharply now.
To finish wave pink C I would like to see some bullish divergence on the 5min chart for exemple.
www.tradingview.com/x/p9YmwrW8//
Comment:
EURNZD - At the sweet spot right now ! A move above 1.7720 should be the first clue that it's going higher !
Comment:
You can wait for a break of the middle channel line before buying if you like of course

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