EURNZD - A rising wedge after a fall: might be a 4th wave?

2 potential short entries:
1) sell limit at: 1.78598
2) sell stop at: 1.77426

> stop loss: 1.79112
> target profit: 1.72830

Transaction en cours

The sell stop was triggered instead the the sell stop still missed. Anyway The trade looks good after 3 days.

We will exit with a part of positions on the TL touch (where most probably the price will bounce) and at the 1.13 ext then we will let it run a small part looking for the final TG.

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4hr outlook:

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updated 4hr view formation:

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the ABCDE would be completed, lets see if starts the 5th wave, othervise we might be in something else structure (like an inverted H&S ?), in that case we have to exit from the trade taking a loss:

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this is my expectaction:

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outlook at 4hr in price line, the E wave after 4hr close looks good:

fra978

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fra978