NZDUSD Analysis
Do you know one of the Rules of an Impulse?
"the 4th wave must never overlap with the 1st wave"
On NZDUSD the 4th wave which I labeled wave (iv); after making a complex ABC correct, it did not overlap with the 1st wave (wave (i)).
🤔With this Rule still holding, I would remains bearish on this pair for the completion of the new 5th wave (v).
🦅Always remember that you need to be Proactive and not Reactive in the market.
"the 4th wave must never overlap with the 1st wave"
On NZDUSD the 4th wave which I labeled wave (iv); after making a complex ABC correct, it did not overlap with the 1st wave (wave (i)).
🤔With this Rule still holding, I would remains bearish on this pair for the completion of the new 5th wave (v).
🦅Always remember that you need to be Proactive and not Reactive in the market.
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