EURNZD - Approaching end of trend - Expect big reversal !

We are approaching the end of this bullish trend and should see a big reversal lower.

Don't try to catch the top, it will only frustrate you,

First wait for a 5 waves drop below 1.7040, which is the bearish level.
You can also look for bearish divergence which indicates the trend is coming to an end.

Note

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Note

EURNZD - Price made 5 waves down. A 3 waves correction is expected.

Note

Price went into a complex WXY correction and we now saw a great move down,
we might see a slight retest of those lower trend lines, but, hopefully will go down after that

Note

EURNZD - I would like a clean break below the lower trend line here for more bearish move.

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ElliottWaveBelgium

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