PriceActionTrading

ELLIOT WAVE 8 WAVE COMPLETION?

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
5
COMPLETION OF ALL 8 WAVES.
RESUME OF MAIN DOWNTREND?

POINT C AT MAJOR CONFLUENCE REGION
1) 200 SMA H4
2) 50 SMA D1
3) D1 BREAKOUT OF INSIDE BAR BEARISH PIN BAR
4) H4 RSI DIVERGENCE

WILL WAIT FOR PRICE TO CLOSE BELOW 0.745. SELL UPON FAVOURABLE RETEST OF 0.745.
IF PRICE IS REJECTED FROM 0.745. TRADE IS INVALID.
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