EURNZD. Triangle.
Triangle Wave (B)
If labeling is valid the price will make drop down first as wave D.
Then one more upside to E and then break down of triangle.
Sell climax of wave E or break down of triangle.
Risk is above peak of wave C when selling on E or its above E when selling break down.
Target 1 = (C) = 0.618 of (A) = 1.51
Target 2 = (C) = (A) = 1.40
If labeling is valid the price will make drop down first as wave D.
Then one more upside to E and then break down of triangle.
Sell climax of wave E or break down of triangle.
Risk is above peak of wave C when selling on E or its above E when selling break down.
Target 1 = (C) = 0.618 of (A) = 1.51
Target 2 = (C) = (A) = 1.40
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