NZDUSD possible ending diagonal of the corrective C wave
Corrective ABC structure seems to be complete. Which in my counting is the IV higher degree corrective wave of a large down trend. Only problem is the final C wave is below the initial A wave of the overall completion. Any thoughts ?
Nota
I recently learned that this labeling is wrong. The waves of the lesser degree should have been labelled as a "double three" or possible "triple three" That would make the impulsive waves within the corrective structure, consistent in direction. I have labeled corrective waves of lesser degrees with A and C which is wrong.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.