BIG DROP For NZDUSD
We are currently in the Major Corrective pattern in the highest TF to counter the 5 WAVES down before this.
Looking at the pattern we may be doing a FLAT corrective pattern. Within the FLAT corrective pattern we are currently in the C LEG.
Within the C LEG which is a 5 wave structure or in this case a diagonal/ triangle we are about to complete the 5th wave (WAVE E of the triangle) to complete the Major Corrective pattern which in this case is a FLAT CORRECTIVE pattern
Looking at the pattern we may be doing a FLAT corrective pattern. Within the FLAT corrective pattern we are currently in the C LEG.
Within the C LEG which is a 5 wave structure or in this case a diagonal/ triangle we are about to complete the 5th wave (WAVE E of the triangle) to complete the Major Corrective pattern which in this case is a FLAT CORRECTIVE pattern
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