EURNZD is within an a wedge consolidation , and maybe completing the 4th Wave (D).
If an ABC minor correction is in play , then consider overall a Head and Shoulders scenario with the pair now forming the right shoulder.
With price nearing the .786 fib retracement of minor wave a , wondering if minor wave b is just about done.
Looking to short the EURO ..... its wait a little for price to stall around 1.77 before maybe the next leg down kicks in.....
If an ABC minor correction is in play , then consider overall a Head and Shoulders scenario with the pair now forming the right shoulder.
With price nearing the .786 fib retracement of minor wave a , wondering if minor wave b is just about done.
Looking to short the EURO ..... its wait a little for price to stall around 1.77 before maybe the next leg down kicks in.....