Trading_Jazz
Short

Eventual Impulse // IF=THEN ®

FX:EURNZD   Euro Fx/New Zealand Dollar
FX:EURNZD            

Short-term Bears on control. Long-term eventual Bulls ready to take control.

This can be the beggining of an impulse leg.
I do expect a retracement that can reach the 61.8% from wave 1, wave 3 as an extension of wave 1 (161% ext), followed by the wave 5=wave 1. (I keep searching for short opportunities, lower time frames)

Also one eventual Cypher in the middle, and in this case we will target the Support @1.504 forging point D, and completing the Pattern giving us a nice and friendly Risk/Reward eventual buy opportunitie.

CYPHER: (Long when/IF completed)
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD

Safe Trades
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out