The bull trend seems to end with a breakout yesterday. Price pulling back to form correction wave. Add this to watch list for a short term sell setup.
Maybe a structure of a wedge of wave 5. Buy short term with good RR!
Price seems to finish the correction wave after broke the main bull trendline. Price is moving down strongly and currently breaks the correction channel. Looking for a sell in H1 is good idea! Thanks,
Maybe a wedge at wave 5 of C where we are at wave 3. Looking for sell!
Bull wave seems to end at wave 5 of 5. At this time, just watching to know how price develops and looking for sell opportunity.
In daily chart, we can see a bull channel with a possible 5 waves counted. Wave 4 should complete because: 1/ Higher High on last 4 days 2/ yesterday, price rejected a Lower Low 3/ A Pin bar - a signal of bull. Looking for a bull is a good idea in H1
Correction may completed at 76.4%, buyers are coming....
This wave count unveils a possible wedge of wave 5. For any break up or falling to bottom, take a buy entry! Thanks,
The current wave maybe a WXY. Finishing this pattern, price action should drop down to finish ABC correction of larger trend.
Price formed a beautiful pattern with 3-3-5 structure of a triangle. Target 1: bottom of triangle. Target 2: bottom of larger bull channel
Follow the trend as previous forecasting NZDUSD: BUY NEXT HUGE IMPULSE WAVE
As forecasting in previous idea, price break bellow previous Low to complete ABC pattern in the C wedge. Next wave should be a up impulse wave with 5 smaller waves.
Capture the completion of correction WXY. Price should be bearish soon! I will update the lower timeframe latter! Thanks
As previous post (pinned on chart), price moved up and tend to break major channel. Buyers are coming.....
I will wait for new up channel in lower time frame. Will update soon!
Price reverted after reaching 100% retracement of leg A. It tends to break current channel. Sell any correction of lower timeframe.
Price had broken the correction channel. Buy and take a note of possible pullback to create bigger zigzag before going up!
1/ Broked current corrective channel. 2/ Create a Lower Low (blue line) Point 1 + point 2 will create the new bear channel of impulse wave!