paulselvan

next bullish wave on nzdusd H4 which is on support

Pembelian
FX:NZDUSD   Dollar New Zealand / Dollar AS
Impulsive bullish wave (A) initiated on 5th Oct '18 was ended on 4th Dec '18.

Followed by corrective bearish wave (B).
Sub-waves of (B) are double combo waves (w)(x)(y).

Now (B) has retraced (A) at 0.5 fibo level.
And its sub-wave (y) is now equal to (w).

Also RSI14 makes bullish divergence.

Nzdusd may resumes bullish trend as imulsive wave (C) on next month

Invalidation level # 0.6420 last 5th Oct low.
Target 1 # 0.6970 last 4th Dec (A) high.
Target 2 # 0.7260 where (C) = (A).

Good trades

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.