In my opinion fundamentals respect the technicals before going to the intended direction.
This way, you don't have to rush into a trade you're uncertain of just because you think you'll get left behind.
Price just speeds up in the exploration of S/R lines so the true market reaction from an announcement could be delayed for hours or days.
I wanted to do NZDUSD as they have similar S/R line patterns but different structures. NZDUSD is trickier to count when it comes to EW. If you can count it, then by all means post it as comment below so I can also check your ideas.
Here's my draft...it's not pretty

Correlation note: If NZDUSD moves up and USDJPY moves up, the move up with NZDJPY will be a BEAST.
USDJPY is already up and have repeatedly defied my forecast of presumed A and B correction setups.
This way, you don't have to rush into a trade you're uncertain of just because you think you'll get left behind.
Price just speeds up in the exploration of S/R lines so the true market reaction from an announcement could be delayed for hours or days.
I wanted to do NZDUSD as they have similar S/R line patterns but different structures. NZDUSD is trickier to count when it comes to EW. If you can count it, then by all means post it as comment below so I can also check your ideas.
Here's my draft...it's not pretty

Correlation note: If NZDUSD moves up and USDJPY moves up, the move up with NZDJPY will be a BEAST.
USDJPY is already up and have repeatedly defied my forecast of presumed A and B correction setups.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.