anilmangal
Long

NZDUSD understanding wave structure and how they behave.

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
19521 50 371
2 months ago
Hi Guys , please click on the chart tagged to see all the previous updates on this chart.
I am expecting more upside to complete the 5th wave in an expanding ending diagonal ( yes one more never-ending diagonal ). If you didn't catch any of the up move don't worr, the trade you don't want to miss is the sell !! I will be posting updates as we go. Buying on pullback on 60 mins is a good idea. I will look at the this in details tomorrow.


Trade with care
Thank you for your support.
2 months ago
Comment:
snapshot
2 months ago
Comment: 60 min view
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2 months ago
Comment: we will see very soon, if the DXY turns down from top of pattern then NZDUSD one more up.
snapshot
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Training : add to skype mangal457
HumairDawood
2 months ago
Exactly my thoughts :/ on a funny note; it looks like it will end when NZ touches 1000 index :D
+1 Reply
bracken HumairDawood
2 months ago
Bulls like round numbers
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ChrisMark
2 months ago
Hi thanks for sharing , like your post , thats my view
NZDUSD 4H Chart.Short View
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ezodisy
2 months ago
Also be wary that this recent up move from the trendline is only in 3 waves so far and could be an X wave for another 3 down (like your labelled w3).
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cmc
2 months ago
Very nice work Anil. Congratulations! Wave C finish in 5 w's, nice setup for short after wave 5 it is finished will be after line between w2 and w4 it is broken
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HoneyBhardwaj
2 months ago
i'm new to wave analysis, and i started following you from last week, i must say your all previous published ideas are gem of knowledge. I'm studying robert prechter's book on elliot wave principle and your previous ideas for better understanding of wave analysis. I wanna say thank you on behalf of all newbies who are new to this concept.:)
+6 Reply
mlbo HoneyBhardwaj
2 months ago
+1 :)
+1 Reply
mlbo
2 months ago
unfortunately this is not educational enough for me.

all this inside the two lines looks corrective, e.g. because of missing strong impulse. ok.

but what makes you so sure that after we have reached the (3) are not finished with the correction?

i could come up with the idea that the wave from point (3) to (4) is the first step o fthe downmove and that we are right now in a little abc correction that now is ended lovely right at the 0.618 fib retracement of (B)-(C) and we are doing down?

at that point i am stuck.

thnaks for your help. maybe answer tomorrow in the webinar?
+4 Reply
anilmangal TOP mlbo
2 months ago
The educational course is 6 weeks long and lifetime access to the group to master it , you don't think you can get all that from one post?
+2 Reply
XIXtaj anilmangal
2 months ago
Where can I get more info about this course with you Anil?? I'm interested about it!
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anilmangal TOP XIXtaj
2 months ago
Add me to skype : mangal457
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denjes12
2 months ago
Hi Anil! Thanks for your update! Ive been following you now and become a great fan! Some of your charts are really an eyeopener!! Question...Why is the 3rth wave so extended in stead of the first touch at the resistance line? My 3rth wave is shorter?
+2 Reply
Yassine denjes12
2 months ago
Because in an ending diagonal, the waves move in a 3-3-3-3-3 form. Meaning a wave is only considered complete if it's composed of 3 waves.
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pavelgnetti
2 months ago
Grazie Anil
+1 Reply
Daniel Brinda Jr.
2 months ago
As always absolutely amazing....i keep track of your predictions in your webinars.,,. and it is just amazing how acurate they are..... i have one question regarding GBPUSD In your last webinar you mentioned that we need to hit 1.2480 top to complete C wave of of bigger abc correction ... it looks to me that the turn to the downside has started as it retraced from top and now is making correction... do i have a point or upside is not over ?????....
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Daniel Brinda Jr. Daniel Brinda Jr.
2 months ago
snapshot
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rahulkanchangaikwad Daniel Brinda Jr.
2 months ago
@Daniel Brinda Jr., lol ......I thought its my comment............because even I have a habit of writing like you do....................dot dot dot dot ............then .........new sentence starting.............or a phrase...nice to know people do still write the way i do.......
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Macan
2 months ago
I am waiting this pull back i thing will happen very soon!
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wow, Anil. That is a hell of a trade coming, after the fifth wave :) Thank you
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anilmangal TOP sketchmaster
2 months ago
yes , if the analysis is correct we will get a daily impulse down . the chart is in the update of the one attached here
+1 Reply
sketchmaster PRO anilmangal
2 months ago
That is insane R/R ratio, if it will work out. I'm gonna definitely watch super close this one :) Thanks again.
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SiamSamuhatananon
2 months ago
thank you sir
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Zohaib_Malik
2 months ago
snapshot
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Stejay PRO
2 months ago
Very clear analysis.
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Waiting for it :)
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epsion22
2 months ago
good insights!
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stefano.pennisi.3
2 months ago
hi anil,
the wave four must never enter the wave 1 price?
despite the rule violation the trend seems to be that
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AngelicaBargain
2 months ago
hi guys i really enjoy your analyse im following a nice pro here https://soehoe.id/100-signal-forex.t5108

he giving 100% FOREX signal for free , i have been with him since month of june
+1 Reply
HassanGul
2 months ago
hi..anil you are doing good analysis...can you plz provide your latest weekly webinar youtube link.
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anilmangal TOP HassanGul
2 months ago
uploaded to youtube already
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FXROB
2 months ago
Hi I like Your analis but I have a different point of viev
snapshot
+1 Reply
7TheWolf
2 months ago
Anil but one of principle elliot wave's rule are the low of Wave 4 cannot exceed the high of Wave 1, while in your chart I see this happens. Can you explain me why?

Excuse ignorance but I am still a beginner about elliott wave :)
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JayJaybee 7TheWolf
2 months ago
@7TheWolf, I'm a beginner as well but I think that rule is for impulse waves not correction 5 waves since corrections are sideways movements. I could be wrong. Also Prechter noticed that in leverage markets wave 4 sometimes does enter the price range of wave 1 but not by much. That's not in his book but he did release a video in the 80's explaining this and a few other things that are not in the book. Of course Anil would be better to answer this for you if I am wrong, which would be go to know if I am but hopefully I'm not and this helps you.
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SilverioSan
2 months ago
Anil are you still aming for that level for the completion of the 5th wave?
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boy SilverioSan
2 months ago
@anilmangal are you?
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Kinggary1994 boy
2 months ago
@anilmangal are you?
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Anacarsis PRO Kinggary1994
2 months ago
@Kinggary1994, I don't think so, it's losing an important support.
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ivn96
2 months ago
update?
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ivn96 ivn96
2 months ago
@ivn96, thanks
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CJ_pips ivn96
2 months ago
Of course we are still looking for that 5th wave up. Check Zohaib_Malik comment, he showed u the possible stucture
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Kumail
2 months ago
I'm quite confused about this pair. In your latest webinar, and in your latest update, you mention it is heading down, and anticipate a big move down (naturally we have to watch it after it breaks the structure lines). However, in your initial post at the top, you were expecting it to be in Wave 5, which would indicate a big move up? And you said you were buying any pullback.

Has this view changed then?
+2 Reply
Kumail Kumail
2 months ago
Also because you mention in the latest update, that if it breaks the trendline up (which it has), then anticipate a deeper correction - which would mean you're expecting more downside after the completion of the correction?...

Thanks, just learning! Appreciate what you share with us :)
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Pter
2 months ago
Hello Sir,
I'm interested about your course.
I'll add your skype to get information.
Thanks.
Regards.
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JayNathanLai Pter
2 months ago
is NZD going further down for correction?
+1 Reply
adamwisni
2 months ago
Are we assuming that the move up has been halted because of the break of structure? on this NU chart?
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mdvisser
2 months ago
if nzd/usd makes a correction does that mean the sell trade on aus/usd will also go upwards again for that time?
+1 Reply
Zohaib_Malik
2 months ago
snapshot
+1 Reply
Cazzie
2 months ago
Been looking at this pair for a while Anil.
Will be one of those "Super Charged" pairs.....Just needs a little more time to make it's mind up on direction,
although my view is a bearish one:)
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debainnoob
2 months ago
Spotted a buy setup on the 1 hour.
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debainnoob debainnoob
2 months ago
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