EURNZD almost ready to short
The structure appears to be a running flat.
Now it may complete the 5th wave of wave C of this flat, in the form, I assume, an ending diagonal.
Watch for the signals to short.
If it breaks the local high, the structure may transform into an expanding diagonal.
Now it may complete the 5th wave of wave C of this flat, in the form, I assume, an ending diagonal.
Watch for the signals to short.
If it breaks the local high, the structure may transform into an expanding diagonal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.