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romariochristian360

Elliot Wave, Wychoff and Master Pattern Analysis

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
romariochristian360  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
4
0
trendanalysis chartpattern waveanalysis
Notes the 4th Elliot wave structure in a form of a channel of which price broke out impulsively. The 4th waves average price is a significant zone for a reversal and it aligns closely with the neckline of the over extended M - Formation market with grey structure zone.

There might be potential selling opportunities in that zone as well.
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