NZDUSD Trade Plan: Short After Correction is Completed

NZDUSD declines in a five-wave impulse pattern from the red level on the chart. According to Elliot Wave theory, a three-wave retracement follows every impulse move before price resumes in the direction of the impulse.

As long as the price stays below the red level on the chart, I will be expecting further decline on NU once we see a decent corrective move.

What's your thought on NU? Kindly let me know in the comment.

Thank You.
Veejahbee.