EURNZD-Weekly TF analysis STOP and Target explained here...
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MARKET COMMENTARY:
1. This is a weekly Time frame analysis and positional view to target 2.000 and above.
2. We completed the wave c) of i) as leading diagonal pattern and currently we are in wave ii of C) and STOP is placed in the right zone below wave i).
3. In positional wave count i took (b) as a running flat and expecting wave (C) to above the previous high it made 1.99275.
4. I am holding my position from Feb 26 from the low and i added this morning @ 1.6600
and my previous accumulation @ 1.6450.
5. Wave (C) also bounced at the fib retracement for the wave W) @ 78.6 wave length as i shown and the previous wave W) and the wave Y) also same FRACTALS.
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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