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A nice analysis of Elliot Wave.
Nice bearish divergence setup
TDI slanting up. Price is in a strong support level. Waves are king.
More room for bulls to push further up. Patience is key.
A+++ setup in my book.
Movements always need to take a breather. May go lower...but can be decided later on.
A good scenario for continuation with conservative take profit.
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Can see bullish divergence on the 1H chart.
Patience is key. Charts are very abstract. Analysis MUST be properly conducted to predict profitable possibilities.
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Time for price reversal.
Same type of formation occurring.
NZDUSD Short Trade
Final wave push to complete the rising wedge formation in exchange for a nice short.
Good buy opportunity
Happy Pipping !