I've labeled this as a 3 waves move but it can easily turn into an impulse, taking us to 6800.
Ghi chú
Wave 1 and 2 done ? A move above the neck line would be great but a move above 6600 is needed to increase the odds in our favor.
Ghi chú
NZDUSD - Going perfectly
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The following texts have been shared with my subscribers those last few day.
9 Oct 2020 17:54 : NZDUSD - I'm closing 1/3 into strength here just in case.
12 Oct 2020 13:37 : NZDUSD - Price action for now looks corrective. We can therefore assume we're in a fourth wave and can estimate a termination point for it, which ideally should be at 6640-ish.
13 Oct 2020 18:03 : NZDUSD - AUD & NZD are softening more than expected. I'm not sure we'll see a fifth wave up any more so it's best to take some more profits or close the position altogether.
13 Oct 2020 18:04 : I'm closing 2/3 of my remaining positions and move stop to 6615 for the rest just in case.
14 Oct 2020 11:47 : Triangle ended
14 Oct 2020 17:30 : NZDUSD - Ending fifth wave here reinforces that view.
14 Oct 17:51 : NZDUSD - Is this actually an ending Diagonal ?
14 Oct 17:52 : Closing what's left of my position now.
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Thanks !
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