DarlingtonForex

EUR NZD long trade, possible Elliott Wave expanded flat

Pembelian
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FX:EURNZD   Euro / Dollar New Zealand
On Apr 30, price began to rise impulsively in 5 waves which I have labelled as larger wave A. Price has subsequently breached the starting point of this impulse but it has done so in 3 waves, labelled (a) (b) (c). Furthermore, waves (a) and (c) are almost equal, so this may be a zigzag correction. If my analysis is correct, price should move above the wave A high and form an expanded flat pattern. Potential target is
Komentar:
Potential target is 1.8275.

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