NZDUSD ANALYSIS

NZDUSD ANALYSIS

COULD THIS BE THE START OF CORRECTIVE WAVE A ?

OR COULD THIS BE PART OF CORRECTION WITHIN WAVE 1 ON INTERMEDIATE PERIOD?

NOTE: EMA LINES STILL SHOW UPTREND CONFIRMATION, THEREFORE AT THE MOMENT THIS SEEMS MORE LIKE PART OF WAVE 1 INTERMEDIATE.

ADDITIONALLY MACD SHOWS ONLY 1 WAVE COMPLETED IN THE UPTREND WHICH INDICATES MORE POSSIBLE UPTREND MOVEMENT?

WE SHALL SEE !

Сделка закрыта: достигнута тейк-профит цена:

Wave A target reached, profit taken. Thank you NZDUSD :D

Сделка активна:

Wave B trade now active

Сделка закрыта: достигнута тейк-профит цена:

Wave B target reached, profit taken. Thank you NZDUSD :D

Now I shall wait for Wave C setup/confirmation and trade if appropriate.