NZDUSD Wave Analysis - Breakout
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NZDUSD made a deep correction on daily tf. Market found support and made 5 wave impulsive move to the upside.
Since then price is correcting below falling trendline and forming a wedge pattern.
Watch for breakout and maybe retest of this descending trendline before opening a long position.
This is no investment advice. For educational purpose only.
NZDUSD made a deep correction on daily tf. Market found support and made 5 wave impulsive move to the upside.
Since then price is correcting below falling trendline and forming a wedge pattern.
Watch for breakout and maybe retest of this descending trendline before opening a long position.
This is no investment advice. For educational purpose only.
