NZDUSD | The best scenario for climbing๐ฅ
Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In this symbol, waves 1, 2 and 3 are completed and now we are inside wave 4.
Wave 4 is very long in terms of time and is in normal condition in terms of Fibo.
We think this wave is complex and from this complex wave the y wave is being completed.
We are inside wave c of y, and from this wave c, waves 1, 2, 3, and 4 have ended, and wave 5 has descended beyond our expectations.
Based on our count, we see the next move ascending and adhere to this scenario until the field point, Fibonacci 0.618, is broken down.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
In this symbol, waves 1, 2 and 3 are completed and now we are inside wave 4.
Wave 4 is very long in terms of time and is in normal condition in terms of Fibo.
We think this wave is complex and from this complex wave the y wave is being completed.
We are inside wave c of y, and from this wave c, waves 1, 2, 3, and 4 have ended, and wave 5 has descended beyond our expectations.
Based on our count, we see the next move ascending and adhere to this scenario until the field point, Fibonacci 0.618, is broken down.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
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