RBNZ- interest rate tommorrow

9 Ağu 2017

With Interest rate announcement tomorrow I've analysed this pair. My conclusion is that we have a 5 wave structure down and at this point favour a long entry on announcement . will update as price action develops...

9 Ağu 2017

Not

5 of 5 also has potential to extend so waiting for tomorrow...

10 Ağu 2017

Not

Price has hit the second extension point but has done it aggressively. Not normal if this is meant to be a wave 5. possibility this is a sub wave 3 within the 5th extension as labelled. Im waiting for confirmation that price has bottom before taking position.....

14 Ağu 2017

Not