Hello Traders,
Here is a projection on EURNZD. As you can see, the last wave 5 is a truncated wave. As we expected after truncated wave 5, a zigzag will form and on very rare occasions a double zigzag can also form. We are looking for the last wave to complete the last leg of the double zigzag before the price makes a new uptrend.
Here is a projection on EURNZD. As you can see, the last wave 5 is a truncated wave. As we expected after truncated wave 5, a zigzag will form and on very rare occasions a double zigzag can also form. We are looking for the last wave to complete the last leg of the double zigzag before the price makes a new uptrend.