AndyM
Short

ABC w4 has completed in NZD, 0.58 is the target

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
296 5 13
We have an ABC correction with an impulse in A and an ending wedge in C. B was a zigzag . We are about to start W5 and it will be big.
I like your view... but what i don't like is that at oanda the bottom of wave (3) is much lower at 0.6067 so after drawing the channel the wave (4) can get much higher. Either broker has to be wrong.
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how do you place the target (5)?
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It should probably touch the trendline. No measurements this time.
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Nice one
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