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Nzdusdforecast

NZDUSD - Forex Majors | Elliott Wave Patterns | November 2019NZD/USD - Elliott Wave Technical Analysis Structure & Degree: 3-swings Sequence in a Primary Degree Y (pink) - Intermediate (A) (blue) - Sharp Zig-Zag - Intermediate (B) (blue)  - Complex Expanding Flat in Minors WXY (turquoise) - Intermediate (C) (blue) - Bullish Impulse Minor 1 (green): 5-swing sequence, decomposed as a 5-3-5-3-5 in Minutes i ii iii iv v (green) Minor 2 (green): Complex Double Three in Minutes wxy (purple) Current Position & Pattern: - Minute y (purple), bearish 3-swings or 5-swings sequence Expected Swing: - Minor 3 (green) accumulation cylinder: 3 of 3's Impulse, Bullish Sequence Technicals & Confirmations: - 61.8 or 71.6% Fibonacci Retracements of Minor 1 (green) - 161.8% or 200% Fibonacci Extensions of Minutes w & x (purple) - Bullish Divergence at the Fibs - Ascending Channel, lower trend-line support - Bullish Harmonic Structure
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by Lionheart-EWA
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