ElliottWaveBelgium

NZDUSD - Buying opportunity

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
We are in wave ((B)) wich is playing out as a complex (WXY) correction.

The low might be in place, in wich case we can go long now or wait for a pullback first.

A five wave rally and a break above 6790 confirms the bullish move.

This wave ((C)) should be equal to wave ((A)) or 1.618 of it.
Targets are then 71 to 74
Comment:
We got 5 waves up now (top might not be in place yet, but will very soon)
Wait for a correction lower and start buying.
Comment:

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.