NZDUSD Final Leg of Bullish Impulse Underway!
A closer look at the 1H timeframe shows that the market has already completed the formation of a cycle actionary wave y. Thus, in the last section of the chart, we can see the formation of a new bullish trend. Most likely, there is a construction of the primary wave Ⓐ. This can take the […]
AUDUSD Bearish Triple Zigzag Underway!
The AUDUSD pair is forming a bearish triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ in the long term. The final primary wave Ⓩ is a simple zigzag (A)-(B)-(C). At the moment, an impulse wave (C) is formed, consisting of minor sub-waves 1-2-3-4-5. The minor corrective wave 4 which is a minute triple zigzag has ended. Prices could continue to […]