NZDUSD Analysis(➡️RR=2.00)

🏃NZDUSD is moving near a 🟢Heavy Support zone($0.6110-$0.6050)🟢.

📈Regarding Classic Technical Analysis, it seems that NZDUSD has succeeded in forming a Double-Bottom Pattern, and we are currently witnessing a pullback to the Neckline.

🌊In terms of Elliott wave theory, NZDUSD seems to have completed 5 impulsive waves and is currently completing corrective waves.

🌊Most likely, the structure of correction waves is Double Three Correction(WXY).

🔔I expect the NZDUSD to rise to at least the 🔴Resistance zone($0.6220-$0.6178)🔴 again after the pullback completes.

New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 15-minute Time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

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Trade attivo

Commento:

Still valid

Trade chiuso: obiettivo raggiunto:

✅First Target✅