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
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。