EURNZD FIB ANALYSIS
IP3 PATTERN (FIB 50% - 23.6%) FORMED WHERE POSSIBLE FIB 61.8% TARGET AND TWO CONFIRMATION PATTERNS IS FORMING.
1. IP2 - LEVEL 1 38.2% TO 14.6% - TARGET 50.0% FIB
2. WOLF WAVE PATTERN
WE ALSO HAVE EURO ZONE SENTIMENT CONSUMER CONFID. FINAL WITH A LOWER FORECAST WHICH CAN TAKE THE PRICE TO FORM WAVE 5
NOTE: WAVE 6 CAN BE EITHER LEVEL 50.0% FIB OR 61.8% FIB
1. IP2 - LEVEL 1 38.2% TO 14.6% - TARGET 50.0% FIB
2. WOLF WAVE PATTERN
WE ALSO HAVE EURO ZONE SENTIMENT CONSUMER CONFID. FINAL WITH A LOWER FORECAST WHICH CAN TAKE THE PRICE TO FORM WAVE 5
NOTE: WAVE 6 CAN BE EITHER LEVEL 50.0% FIB OR 61.8% FIB
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