NZD/USD – "Kiwi Surge: Elliott Wave Roadmap"

🌊 NZD/USD – "Kiwi Surge: Elliott Wave Roadmap"
📢 Hello traders! Today, we’re diving deep into the Elliott Wave structure of NZD/USD (Kiwi). If you're trading AUD/USD, you'll notice how both pairs move similarly against the US Dollar.

Currently, NZD/USD has completed a major corrective phase, and we're at a potential turning point where an impulsive bullish wave could take shape. Let's break it down!

🏆 Elliott Wave Breakdown:
✅ Macro Perspective:
1️⃣ The long-term structure suggests a corrective ABC pattern has completed, with Wave C reaching exhaustion.
2️⃣ A potential bullish impulse could now begin, with early confirmation levels.
3️⃣ The key trendline resistance must break to validate the bullish scenario.

📈 Bullish Scenarios:
🚀 Scenario 1 – Aggressive Bullish Idea:
✔️ A five-wave impulse should form from the current lows.
✔️ Breaking 0.5726 – 0.6039 confirms an early trend reversal.
✔️ First target: 0.6150 – 0.6540 (Wave C Projection).
✔️ A clear impulse structure in lower timeframes will add confirmation.

🔄 Scenario 2 – Conservative Bullish Idea:
✔️ If a corrective pullback occurs, it must hold above 0.5511 (Wave C low) to stay valid.
✔️ A three-wave correction (ABC) before five impulsive waves.
✔️ Breakout level: 0.6039, signaling a sustained uptrend.

📉 Bearish Invalidations:
❌ If price breaks below 0.5511, the corrective structure could extend further.
❌ Failure to break trendline resistance = continued range-bound movement.

🔥 Final Thought:
🌍 NZD/USD is at a critical inflection point. If the current wave count is correct, we could see a major rally similar to previous Elliott Wave patterns. Watch for confirmation signals—especially a strong five-wave structure on lower timeframes!

📊 What’s Your Bias?
💬 Will NZD/USD follow through with the bullish scenario or remain corrective? Comment below!

✅ Like & Share for more in-depth Elliott Wave insights! 🚀📈