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Veejahbee

NZDUSD Trade Plan: Short After Correction is Completed

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Dólar Neo-Zelandês/Dólar Americano (FX:NZDUSD)  
Veejahbee  
FX:NZDUSD   Dólar Neo-Zelandês/Dólar Americano
Trend Analysis Chart Patterns Wave Analysis NZDUSD nzdusdshort nzdusdsell nzdusdsignal nzdusdsetup elliotwaveanalysis
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trendanalysis chartpattern waveanalysis nzdusd nzdusdshort nzdusdsell nzdusdsignal nzdusdsetup elliotwaveanalysis
NZDUSD declines in a five-wave impulse pattern from the red level on the chart. According to Elliot Wave theory, a three-wave retracement follows every impulse move before price resumes in the direction of the impulse.

As long as the price stays below the red level on the chart, I will be expecting further decline on NU once we see a decent corrective move.

What's your thought on NU? Kindly let me know in the comment.

Thank You.
Veejahbee.
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