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Euro / New Zealand Dollar
Long
Updated

EURNZD 60 minutes completing 5 wave short term long expected.

80
EURNZD on 60 minutes chart, completing a 5 wave movement respects to the elliot Principles, currently wave 5 facing a truncation at the price level where wave 3 ends.

*All 5 wave respects fibo levels as per the principles of wave analysis.

*RSI showing divergence as showing noticeable higher value at the same price level, where earlier showed lower value at the same price level.

*Wave A can possibly start at the break of the triangle formed, and can end at the noticeable previous supply zone. EURNZD
Trade closed: target reached
SATHISHKUMARSM
Elliott WaveTechnical IndicatorsprincipleTrend AnalysiswaveWave Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Elliott WaveTechnical IndicatorsprincipleTrend AnalysiswaveWave Analysis
SATHISHKUMARSM

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.