Elliott Wave Training

Are you looking to learn the Elliott Wave principle? Or maybe you already have some experience and want to find the ways to improve your skills better.

Click on this post for details:

http://wavepatterntraders.blogspot.com/2012/04/elliott-wave-training.html



Showing posts with label GBP/NZD. Show all posts
Showing posts with label GBP/NZD. Show all posts

Saturday, May 26, 2012

Elliott Wave Analysis of GBPNZD



Its possible that this is suggesting a 5 wave advance has finished from 1.9161, although i have included some other alternative options, as i am not impressed with the decline so far from the highs at 2.1049

So i am watching closely to see if this morphs into a possible flat or triangle and still on going in wave [iv]

With or without a new high, this should be setting up for a decent reversal. To correct the advance