eurnzd - looking for wave 3

٩ يناير ٢٠١٧

Price appears to have made a 5 wave impulse for 1, and appears corrective for 2 now. If it can establish a low in the 1.49/1.48 area, there is enormous upside potential. Price appears to have already broken the long ending diagonal.

١٠ يناير ٢٠١٧

ملاحظة

If this maintains the bullish slant, I'll revert to the original idea that the second wave flat finished with a slight truncation at 1.5005, and we're now entering wave iii of 1 of 3.

١٠ يناير ٢٠١٧

ملاحظة

Here's the long-term view of eur/nzd. It's going to be a long move up

١١ يناير ٢٠١٧

ملاحظة

looking for long reaction on the next low, 50 - 61.8% correction of the advance

١٢ يناير ٢٠١٧

ملاحظة

That's 5 down for c of C with div on the 1h. Let's see it work now.

١٢ يناير ٢٠١٧

ملاحظة

I caught the reaction up but it did not last for very long. I could work it as wave 4 of C, so we'll see how price reacts at the 61.8% just below

١٣ يناير ٢٠١٧

ملاحظة

out of an ED at 61.8%, could be in w3 now

١٧ يناير ٢٠١٧

ملاحظة

possible ED here

١٨ يناير ٢٠١٧

ملاحظة

looks like the ED is done and buys should come in with the ECB tomorrow

٢٢ يناير ٢٠١٧

ملاحظة

any small correction on this is a buy. From the low it looks like 3 up so far, though possibly 5. I will watch for a buy on a retest of the broken channel line

٢٣ يناير ٢٠١٧

ملاحظة

5 up from the low