EURNZD 60 minutes completing 5 wave short term long expected.

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EURNZD on 60 minutes chart, completing a 5 wave movement respects to the elliot Principles, currently wave 5 facing a truncation at the price level where wave 3 ends.

All 5 wave respects fibo levels as per the principles of wave analysis.

RSI showing divergence as showing noticeable higher value at the same price level, where earlier showed lower value at the same price level.

Wave A can possibly start at the break of the triangle formed, and can end at the noticeable previous supply zone. EURNZD

Trade fermée: cible de profit atteinte