eurnzd - looking for wave 3

9 thg 1, 2017

Price appears to have made a 5 wave impulse for 1, and appears corrective for 2 now. If it can establish a low in the 1.49/1.48 area, there is enormous upside potential. Price appears to have already broken the long ending diagonal.

10 thg 1, 2017

Ghi chú

If this maintains the bullish slant, I'll revert to the original idea that the second wave flat finished with a slight truncation at 1.5005, and we're now entering wave iii of 1 of 3.

10 thg 1, 2017

Ghi chú

Here's the long-term view of eur/nzd. It's going to be a long move up

11 thg 1, 2017

Ghi chú

looking for long reaction on the next low, 50 - 61.8% correction of the advance

12 thg 1, 2017

Ghi chú

That's 5 down for c of C with div on the 1h. Let's see it work now.

12 thg 1, 2017

Ghi chú

I caught the reaction up but it did not last for very long. I could work it as wave 4 of C, so we'll see how price reacts at the 61.8% just below

13 thg 1, 2017

Ghi chú

out of an ED at 61.8%, could be in w3 now

17 thg 1, 2017

Ghi chú

possible ED here

18 thg 1, 2017

Ghi chú

looks like the ED is done and buys should come in with the ECB tomorrow

22 thg 1, 2017

Ghi chú

any small correction on this is a buy. From the low it looks like 3 up so far, though possibly 5. I will watch for a buy on a retest of the broken channel line

23 thg 1, 2017

Ghi chú

5 up from the low