The NZDUSD is in a corrective structure , the big question is , is it a flat or a wedge?
Trade with care , use a tested strategy.
Thanks for your support.
Comments
GoodLuckbabe
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i think your new idea is quite matching with this old one
TradebyRik
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My take is a triangle coz the wave B didn't equal or overtake start pt of wave A and hence with closing of wave C beyond wave A end point , the properties of FLAT(expanded or Running) do not qualify.
anilmangal
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There is also a regular flat.
TradebyRik
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OK. maybe i have to go back to the books to understand the nitty-gritties in a better way. :)
jhakas
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i am targeting 0.75.. as per its weekly pattern..
jhakas
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nice one..
lemezohaib
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Now thats called a perfect corrective move forecast! Well done dude!
BaluKR
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If its a wedge it would be 3-3-3-3-3 structure.
siro4
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it seems it is playing between:5/8 and 6/8 on murrey math lines,before rises to 8/8...