Bandarsq
Short

Rising Wedge Breakout

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
A complete five wave rising wedge pattern. Price broke the lower rend which is a clear indication of downward movement.
Comment: Nice candle we have here and more to come.
Trade closed: target reached: 200 pips are good enough :)
wow amazing.
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In Your analysis 1.wave bigger then 3.wave but elliott rules not accept this
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Bandarsq mehmete53307683
I didn't mean to use EW. I just wanted to highlight the five waves that usually form a rising wedge.
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Room722 mehmete53307683
Elliott rules accept this as an ending diagonal pattern.
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True I'm aware :)
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4hrs display
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Bandarsq GoodLuckbabe
Thanks for sharing Imran.
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You welcom
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