NZDUSD - Price reversal going up

This is one of the more sold off USD pairs for the past week.

Completed Wave 5 of both HTF and LTF.

Looking for price to correct towards the Wave 4's marked in blue.

AUDUSD and NZDUSD are similar. I am taking NZD because the fact that it did not take out the 13 Dec low compared to AUD implies that NZD is stronger.

Kommentera:

Still valid.

Lower TF.

Trade stängt manuellt

Kommentera:

Idea is wrong. Probably one more swing lower.