Looking at price action and after a strong downtrend was broke by first impulse wave and completion of corrective wave, I see a complete elliot wave in formation. Wave 3 has started with a singal of bullish price action. At the same time NZD has been week with most of the pairs.
Trade can be entred after market open to see if there is any retest of any broken resistance zones to get more good entry.
This a swing trade on a weekly time frame and will take enought time for target to achieve, so it requires lot of patience.
This is good RR trade,
Trade with care.
Trade can be entred after market open to see if there is any retest of any broken resistance zones to get more good entry.
This a swing trade on a weekly time frame and will take enought time for target to achieve, so it requires lot of patience.
This is good RR trade,
Trade with care.