There's possible end of nice zigzag soon. v-th wave of C wave started with possible end soon at 8474 (70,% ret and 161,8% B wave ret.). We'll see soon if this level going to be braked....
Nice geometrical 4th wave ended today (a=c running flat correction). Ather that we had nice impact which could make new highs in nearly hours or few days. We'll see..
Price is continuing impulsive waves. We have now possible 3rd in (3)rd in IIIrd . Nice 2nd wave made running flat correction with a=c. New highs ahead...
Strong dynamic candle has just stopped at key level wchich is the 61,8% ret and 1:1 las correcton range. Nice moment to place short order - waiting for a signal. New lows ahead. On the other side - breaking up this level will posibly continue uptrend 3rd wave... We'll see it today
In last two months price has drawn nice looking Elliot cycle - after 5 wave impulse we are now ending ABC zigzg . It has strong B wave - irregular abc with 127,2% a/b ret. and 100% RX. Dynamic C wave stopped at 70,7 % ret. It's very probable place to place long position order. Another is at 78,6% and 88,6%. These levels were also respected previously so they are...
After reaching last large correction range 1:1 and 61,8% of uptrend impulse (started 29th of Nov 2013) . Price returned to looking for new highs. Presently at H1 we have formed nice five wave impulse (i-v) and larger frame wave 2 now. Presently I'm waiting for correction end to begin another dynamic 3rd wave momentum. We will see direction in next few hours... if...
We have reached 5th wave end as predicted in last analysis () . Now we are expecting larger uptrend correction to reach new lows in few weeks. 1st reverse level is at 23,6% of downtrend impulse range. Another (2nd level) is at lower frame 4th wave top and 38,2-41,4% impulse retracement (higher probability) .
After braking long uptrend channel price has formed another possible 5th wave downtrend imulse. We are currently reached 1/1 wave 2 / wave 4 projection, with possible 4th wave end. New lows with 5th wave end are at 0,8844 area.
We have nice geometrical downtrend forming on NZDUSD. Primary ((2)) - running flat correction and lower frame (2) - a=c another running flat could start impulsive discount of NZD. Two parallel channels 0-1 shows us possible waves ends. Waiting for impact.
Trend continues . 5th in (5) th wave now. Soon we will probably see a massive correction or new downtrend. till looking up until overbalancing or upper channel trend-line touch.
We are closing to strong demand zone - 50% IIIrd wave ret. , 100% IInd wave (overbalance zone), bottom parallel uptrend channel and Ist wave top. 2 scenarios : 1. Brakeout to new lows - wave I in downtrend or Vth wave to new highs. We'll see it soon.
Price have just touched bottom trendline of uptrend parallel channel. Daily ((4)) wave (flat is possible ending now. In short period of time we could see beginning of 5th wave or brakeout to begin new downtrend.
We have reached possible 1st uptrend minor wave end. Price is still touching channel edge. I'm waiting for larger correction - at least 61,8% to end wave (2)nd. After that we will possibly see nice 3rd wave impact. Of course it will happen if we don't brake the channel today or brakeout new lows...
Price has reached now 78,6% of 4th wave with double top. Breaking this key level will show us the direction of next few days price movement. There is possible flat correction (red ABC) - that will fill the uptrend channel , and reach 78,8-88,6 B wave ret.
We are presently watching end of intermediate cycle - 5 waves impulse has possibly reaching now the bottom of (4)th wave - price has reached range of (2)nd wave and 161,8% of A/1 wave. I am expecting here to start wave (5) to reach new highs next week. Next scenario is after breaking out current (4)th wave bottom level (155.619) to reach (1)st wave top, 38,2%...
New Zeland dolar have made large ABC irregular correction in uptrend - wave (2). Now we are in possible (3). The minor 1st wave in (3) has possibly ended lately. Presently price is forming 2nd (marked zigzag) headig to demand zone - next week we shall probably see 3 in (3) - the most dynamic. Waiting for a good deal.
Here we have potential IVth wave in uptrend. Price is getting close to wave end which could be at 38,2% ret. of IIIrd wave. Next key level is at the 50% ret. which is at the Is wave top area. If this level going to be braked we shall see a deeper AUD discount. Untill we are high above it we have an uptrend scenario.