However first i would like share my views on EURNZD and why i think we have a very strong chance of breaking the pattern being formed at the moment which would be a into a flat top expanding triangle. Please check the attached charts
Also we have done a wave count which does nothing but makes everything confusing for someone who is just starting how to look at the waves and shy's away from the theory.
Both ways are very efficient if used properly. However saying that, i still choose to focus on the patterns then to do an in depth wave count as it works better for me.
Check the attached charts and PM if you have any questions regarding our strategy.