Nzd / Usd keep going up !!
In this analysis, I use the Elliott Wave analysis point of view. I tried to find the wave notation 1,2 and 3 then tried to break it down to the smaller wave notation.
At the moment I believe Nzd / Usd is completing wave 3, with fibo extension, I measure waves 1 and 2, and wave 3 is at least now more than the value of 1 fibo extension, there is a possibility that the price will continue moving towards the value 1.618.
As we know that wave 3 consists of 5 impulse waves, so I am looking for wave (5).
I placed the fibo extension start wave (2), headed for wave (3) and it seems that at the moment the price is moving towards the value of 1 fibo extension.
On this placement, we can see that there is a fibo cluster between the expected wave 3 and the end of wave (5) of wave 3 in the price range which is not too far away.
Fibo clusters can be used as a reference to find potential resistance. Therefore, I assume that the price will continue to move up and even reach the fibo cluster area in the price range 0.70350 - 0.70800 with a validation area boundary at 0.64700.
As long as the price does not break the validation area, the buy analysis for this pair will still be valid
In this analysis, I use the Elliott Wave analysis point of view. I tried to find the wave notation 1,2 and 3 then tried to break it down to the smaller wave notation.
At the moment I believe Nzd / Usd is completing wave 3, with fibo extension, I measure waves 1 and 2, and wave 3 is at least now more than the value of 1 fibo extension, there is a possibility that the price will continue moving towards the value 1.618.
As we know that wave 3 consists of 5 impulse waves, so I am looking for wave (5).
I placed the fibo extension start wave (2), headed for wave (3) and it seems that at the moment the price is moving towards the value of 1 fibo extension.
On this placement, we can see that there is a fibo cluster between the expected wave 3 and the end of wave (5) of wave 3 in the price range which is not too far away.
Fibo clusters can be used as a reference to find potential resistance. Therefore, I assume that the price will continue to move up and even reach the fibo cluster area in the price range 0.70350 - 0.70800 with a validation area boundary at 0.64700.
As long as the price does not break the validation area, the buy analysis for this pair will still be valid
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.