"Top and Bottom Analysis" NZD/USD by ThinkingAnts

4H CHART EXPLANATION:

On 4H chart we have a Bullish View due to:

- Broken Descending Wedge Pattern
- ABCDE Elliott Pattern completed (On Elliott Wave theory this is consider as a Bullish Signal after the full Count)
- Bearish Divergence on MACD

If price Breaks out above 0.67800 we will be looking for long positions towards 0.69200, paying attention to the middle Support zones .

Updates coming son!


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