7pasos

The origin of the decline is the key

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
267 0 0
There is a guide that is named "the clear pattern" which is one where the very RN Elliott stressed at most.
Under this guide, is that my actual elliott wave theory of the retrace produced after the long rally ended at the begining of August 2011 and completed at 28th november of 2011, is signaled as a motive patter nowed as leading diagonal and no as a zigzag followed by an expanded flat (as is considered under the alternative wave count pressented here in red).
Is more simple and therefore clear the secuence of strucutres as stated in the principal wave count, yet I have to recognize that for moments the alternative wave count have more clearence in sections (but not as a whole reason of the why the other is alternative count).
If the principal wave count ends to be the good one as I expect, then a upside correction will follow which won't should exceed the B)) wave. and then 2 more impulsive waves to the down side to end a C)) wave to complete a simple yet long in time zigzag.
By the other hand if the firs wave down after the August 2011 high is a simple zigzag, then an expanded flat is forming and therefore the actual lows of this 2 years consolidation will be expectet to remain as the most extended down side.
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