Possible Expanding Triangle - New Zealand Dollar
A possible expanding triangle setup on the 4hour of the NZD. Assuming the US Dollar continues with strength we could possibly see a D wave to around 0.60470 for NZD.
Wave A represents 38.2% of the last downtrend wave in expanding triangle.
Wave B represents 1.272% of wave A in expanding triangle.
Wave C represents 1.272% of wave B in expanding triangle.
Wave D represents 1.272% of wave C in expanding triangle
Wave E represents 1.272% of wave D in expanding triangle.
Please, feel free to rate the analysis. Constructive criticism is how we grow the most! Thank you.
Wave A represents 38.2% of the last downtrend wave in expanding triangle.
Wave B represents 1.272% of wave A in expanding triangle.
Wave C represents 1.272% of wave B in expanding triangle.
Wave D represents 1.272% of wave C in expanding triangle
Wave E represents 1.272% of wave D in expanding triangle.
Please, feel free to rate the analysis. Constructive criticism is how we grow the most! Thank you.