Nico.Muselle
Long

NZDUSD - Higher Highs - Higher Lows

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
This pair has been on the move up for a couple of days now, making steady progress with higher highs and higher lows.
Projecting this into the future could lead us to the scenario above.
Maybe i'm wrong but it might be on the third eliot wave and going for .777 as the fifth.
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See, I don't trade Elliot Waves ... so don't know about it, but a chart from your side would be nice so I can see what you mean exactly.
One can never know enough :)
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Kaz Nico.Muselle
Well, actually i have no idea if this really is eliot waves hehe :P . Can't find the copy button so i published the idea.
1.6Fib
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Probably too corrective to be an impulse up, maybe a zigzag correction.
EW is REALLY tricky...there are more practical ways to trade.
But maybe that's the case, hard to tell.
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