#OPINIONLEADER# #forexmarket# #ElliottWaves# #EUR/NZD#
MARKET COMMENTARY:
1. As I expected previous either this could be a bearish if it is a intermediate wave X)(RED) as a triangle...
2. If not it wont break the wave "b" 1.6694 and will shoot for the target 1.7400 either 3 or 5 waves...
3. So now we are in the wave C0 of X) or b)(blue)to complete below 1.66 to complete the structure.
4. Invalidation for this is pattern is 1.6322 for the same Target 1.74 as a first and then it will move to 1.8 too...
5. Same kind of structure recently made in COPPER and have an look i shared here....intermediate wave is a triangle and then it shoot for C) wave...so it will do same structure here too...
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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