●● Preferred count ● New Zealand Dollar / U.S. Dollar, 🕐TF: 3M Fig.1
The counting of long-term waves has been revised in favor of a flat that develops within the framework of the supercycle wave (b). Let me remind you that earlier this flat was considered in the position of wave (IV). _______________________ ● New Zealand Dollar / U.S. Dollar (IDC), 🕐TF: 1M Fig.2
We predicted the beginning of the bullish phase within the third wave of the diagonal back in 2019.
At the moment, it is assumed that sub-waves (W) and (X) are completed in wave ③, and the current growth is part of the emerging zigzag (Y). _______________________ ● New Zealand Dollar / U.S. Dollar (SAXO), 🕐TF: 1D Fig.3
Correction within wave ((ii)) of A is expected. _______________________ ● New Zealand Dollar / U.S. Dollar (SAXO), 🕐TF: 6h Fig.4 The levels at which the corrective wave ((ii)) can be completed are marked with a blue rectangle. _______________________ _______________________ ●● Alternative count ● New Zealand Dollar / U.S. Dollar (IDC), 🕐TF: 1M Fig.5
Alternative labeling does not require adjustment. This counting assumes that the Orthodox Top of the flat in wave (b) corresponds to the level of 0.88370 (July 2014). Further, based on the zigzag structure of downward waves, we can consider a scenario in the context of which the leading diagonal is formed in the wave "Ⓐ of I of (c)" or in the wave "I of (c)". _______________________ ● New Zealand Dollar / U.S. Dollar (IDC), 🕐TF: 1D Fig.6
The wave counting is unidirectional with the main scenario for at least one ascending five-wave pattern.
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