FX:NZDUSD   New Zealand Dollar/U.S. Dollar
63 0 0
well all of this analysis is based on the grande assumption that patter i consisted of 5 movements, and then a second strong movements to the downwards which is counted ii.

i could have another count which is basically a-b-(c) and c is the current pattern which the pair is moving in.

the first assumption a having about c is also for it to be 5 movements. (i-ii-iii-iv-v)

for me movements i ii and iii             are complete.

all of what am thinking right now is movement iv and v.

compared to (a) time wave (c) cannot be complete, because it still didnt take the time (a) took to form.

therefore, i guess that the pair is currently trading in wave iv of iii            

basically, the pair still needs the following for the selling idea to come into action:

1. wave iv must complete, and wave v must complete. after this we will have i-ii-iii-iv-v (c) and we can sell from the high of v-c.


my other question here will be: can (c) enter (a) ?

yes. and it must enter its price category in order for the structure to be valid.

Ideas Scripts Chart
United States
United Kingdom
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