Hello traders!
From a technical point of view, the structure remains bullish on intraday chart even if at the moment the pair has formed something like a DOUBLE TOP, having said that, if our old analysis remains valid (see chart below), we do not exclude the failure of this reversal pattern and the achievement of 0.6890 area. Below wave (4), the trend should return bearish.
PREVIOUS ANALYSIS
(Click and Play on chart below)
![[NZDUSD] ELLIOTT WAVES](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
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Thank you for support and trade with care!
From a technical point of view, the structure remains bullish on intraday chart even if at the moment the pair has formed something like a DOUBLE TOP, having said that, if our old analysis remains valid (see chart below), we do not exclude the failure of this reversal pattern and the achievement of 0.6890 area. Below wave (4), the trend should return bearish.
PREVIOUS ANALYSIS
(Click and Play on chart below)
![[NZDUSD] ELLIOTT WAVES](https://s3.tradingview.com/k/KHsb0ZCN_big.png)
If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button!
Thank you for support and trade with care!
トレード終了: 利益確定目標に到達
🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
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Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
