EURNZDEurnzd has created a wedge pattern. We can expect either a breakout or a reversal.
Breakout - The resistance has many touches and price action seems like it wanted to break off its resistance as it made higher lows
Reversal/Correction - Euro kiwi might not breakout this week but maybe later or sooner. Intraday, it made an impulse wave and we can expect a correction wave according to the Elliot wave theory.
best thing for now is to wait for more confirmation and candles to be formed.
like and comment, I am open for conversation, suggestion and corrections :)
have a nice day everyone
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。