SOLIDECN
Experienced member
NZDUSD - Growth is possible.
On the daily chart, the upward wave of the higher level (А) formed, a downward correction ended as the wave (B), and the development of the wave (C) and the first entry wave of the lower level i of 1 of (C) started, within which the wave (i) of i has formed, a local correction has ended as the wave (ii) of i, and the wave (iii) of i is developing.
If the assumption is correct, the NZDUSD pair will grow to the area of 0.6166–0.6465. In this scenario, critical stop loss level is 0.5731.
If the assumption is correct, the NZDUSD pair will grow to the area of 0.6166–0.6465. In this scenario, critical stop loss level is 0.5731.
