Here is a beautiful 1-2-3-4-5 Waves Pattern that did just complete and a valid one! What is really great about this setup is that we can see that NZDUSD lost alot of bull momentum in the last wave (5th one). We can also see another 1-2-3-4-5 Waves in to the last wave to add another confirmation to the Retracement period and when you put Bollinger Bands 50 periods, you can see a beautiful Overbougt level!
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Good luck =) I will share the uptrend continuation level later!
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Good luck =) I will share the uptrend continuation level later!
Kommentera:
Kommentera:
STOPLOSS SHOULD BE ABOVE 0.71800
Kommentera:
Here is a smaller timeframe view, i can see an ENDING DIAGONAL that might be our SELL ALERT =) So it might not reach 0.71600... but again... STOPLOSS should have been moved above 0.71800 just in case the market want to go test the 61.8%