NEW IMPULSE IN EURNZD - DAILY CHART

Par ccerezo11
Hey folks,

Here's a move I have been analyzing since Novimber 2016. And now all the patterns indicate the start of the new impulse.

ABC correction almost done. C wave is a perfect 5 wave impulse down and the fifth wave is an ending diagonal. The main correction is even an ending diagonal; however, we are looking into the small timeframes for those.

I will support this idea with a 1H chart analysis.

Carlos
buysetupEnding DiagonalEURNZDeurnzdforecasteurnzdlonglong-termpalmtradersWave Analysiswavetheory
ccerezo11

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