#NZDUSD Possible Wave 2 Correction Before Wave 3?
Elliot Wave is just one of the tactics used by myself, not an expert by any means however, I do recognize potential wave counts that suit rules. I really focus on Harmonics however, I will acknowledge possible wave counts when I see them with my ball park range projection.
The arrows and prices on the chart represent my outlook on what could be in play in the next week or two.
You could possibly short it at 0.68800 to catch the ABC correction (also wave 2)! Trade safe and don't go too heavy on the correction if you trade it, it looks like we will be catching wave 3 with ease so that's the one I would be focusing on.
The arrows and prices on the chart represent my outlook on what could be in play in the next week or two.
You could possibly short it at 0.68800 to catch the ABC correction (also wave 2)! Trade safe and don't go too heavy on the correction if you trade it, it looks like we will be catching wave 3 with ease so that's the one I would be focusing on.