NZDUSD - Catch This Wave! 🏄🏼‍♂️

١٨ يناير ٢٠٢٣

In our last NZDUSD, we identified that we almost completed Wave 1 impulse and we were awaiting the wave 2 ABC correction.

We are now in the correction and we've seen both A and B. We are now in C and we can capitalise on this move before we go LONG.

Trade Idea:
- Watch for a break of the red trendline
- Enter with stops above the highs
- Target: 0.62 (250pips)

Please note that wave C can extend so once we're at 0.62, hold and see if we break that level. Ideally we get 5 clear waves to the downside. If we do, hold trade until we're on the 5th wave and taper positions off there.

Goodluck and as always, trade safe!