I felt fairly confident that this would continue down and it did. I still think it will. Due to the potential different channels, obviously it could do some different things, but I would look for this move it is currently on to be part of a smaller corrective structure that will continue.
I just realized I never posted an update on this one, and it gave a beautiful buy setup. Obviously EURO got strong. I still think we will get another short on this considering how it rounded. But I would recommend waiting for a red daily Heikin Ashi candle before going for any larger short, or set a sell limit up at the .618.
I can't expect it to copy exactly, but I do expect it to be creating a choppy channel down here. Pending from here, but it might not break the low before shooting back up again, it will be choppy, but trend is down until something changes,
The several different degrees of this wave count tells me that NU will just keep trucking to break the other high and more. The 200MA on weekly was the original longer term goal and that will not change. Plus EURUSD looks like my original analysis was correct and it will go up, but I would rather be long on NZDUSD.