NZDUSD Short: Selling Kiwi Weakness - Elliott Wave

ที่อัปเดต:
I see a series of ones and twos totaling five bearish impulses. I like a short where we move SL to breakeven at T1 and target lower levels where it is likely we will see a wave of upcoming fours and fives (expect choppiness). Cheers
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บันทึกช่วยจำ
สแนปชอต
Nice drop to start! More to come
บันทึกช่วยจำ
สแนปชอต
I'd like to take early profits in the highlighted area. There are many waves completing in that zone and I want to be conservative. Stay tuned!
บันทึกช่วยจำ
สแนปชอต

I decided to hold through the rally. Looks like multiple impulses still require fifth waves which means further downside is likely.
บันทึกช่วยจำ
สแนปชอต
The bearishness continues! More bearish impulses. Doubling short position here.
Chart PatternsElliott WaveWave Analysis

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