FX123333
Long

NZD/USD: ANALYSIS, ELLIOT WAVE CONSPIRACY, HARMONICS

FX_IDC:NZDUSD   NEW ZEALAND DOLLAR / US DOLLAR
243 1 5
We are currently in a bull market, as you can see I have placed an above structure placed where the trend may lead. The Elliot wave suggests that there may be a pullback creating point 2 where a breakout may intend to happen creating a sweet spot for buyers. I suggest to buy at the end of the pullback as RR will be more effective. I have also placed a bullish advance pattern for a repeat trade in case the trend may go lower near support levels.

Opening point 1: 0.71595
Opening point 2: 0.6818
Exit point: 0.6662
Target point : 0.782
Babylon
5 months ago
That's excellent Elliot Wave
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