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NZDUSD ELLIOT WAVE BREAKDOWN (FINAL POSSIBLE DROP)

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Ifeanyichukwuxx  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis waves ELLITOWAVEANALYSIS crypto techincalanalysis chartanalysis breakout shortsetup shorttrade NZD
2
1
trendanalysis chartpattern waveanalysis waves ellitowaveanalysis crypto techincalanalysis chartanalysis breakout shortsetup shorttrade nzd
NZDUSD is currently at the finish of wave 2 which happens to contain a complex correction (WXY) based on Elliot wave principle as you can see from the picture above. Wave C which should contain 5 subwaves ending the overall wave 2 is about to be played out. Let see how it plays out...

Trade Idea:
- Watch for a break of the red trendline for confirmation
- Enter with stops below price
- Targets: 190 pips

Goodluck and as always, trade safe!
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