NZDUSD yesterday, I posted on my website and alerted my subscribers that there was a MAJOR SHIFT coming. Well, today, we got that shift. Prices took a nosedive like a rock falling off a cliff on Mt. Everest!
Here's yesterday's chart where I gave my projection as to what prices were going to do:
In the main updated chart, you can see how well prices followed my predictions to the tee. But now that it's begun dropping, what to expect now? What I am now seeing is that we are starting a new downtrend which could be impulsive. So far, the wave (1) and (2) are complete. That means that it is now in the wave (3). That drop today should be the wave (i) of the (3). So we should soon see the wave (ii) retrace back up. This wave (ii) should also form the right shoulder of a potential pattern. When that happens, that will be an ideal setup to go short for the wave ( iii ) of (3). And I see that wave ( iii ) falling pretty far.
And it is this wave ( iii ) of (3) that I am really anxiously and PATIENTLY waiting for!
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