NZDUSD is Ready to Fall⏰(4-Hour)⏰
🏃NZDUSDis moving in the 🔴Resistance zone($0.6110-$0.6050)🔴 and 🟡Price Reversal Zone(PRZ)🟡.
🌊In terms of Elliott wave theory, NZDUSD seems to be completing a Zigzag correction(5-3-5/ABC) so that the main wave C structure is Ending Diagonal.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect NZDUSD to Fall to at least the 🟢Support zone($0.6021-$0.5985)🟢 after breaking the lower line of the Ending Diagonal.
New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 4-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🌊In terms of Elliott wave theory, NZDUSD seems to be completing a Zigzag correction(5-3-5/ABC) so that the main wave C structure is Ending Diagonal.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect NZDUSD to Fall to at least the 🟢Support zone($0.6021-$0.5985)🟢 after breaking the lower line of the Ending Diagonal.
New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 4-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade closed: stop reached
