Investigation and forecasting of eurnzd analysis in 1 hour time
* Analysis based on Price Action, Elliott and Kendall Stick
* Review of analysis on 5/15/2022
Review of eurnzd analysis based on Elliott
Eurnzd analysis: According to our analysis, eurnzd is now in the 1st wave of a stretched flat. If it is ahead of our analysis, we have to wait for the purchase to enter the 2nd wave. It is explained in the video. We have to wait until the market shows that after formation Wave 2, which will return at least 78% of Wave 1, which, according to Elliott, can return up to 100% of Wave 1 to form Wave 2. Wave 4 will be very short. At the end, the formation of wave d will be from a divergent triangle. And the formation of wave e from this divergent triangle will be a very short wave. Has been.
Review and forecast Brasal Price Action:
There is no sign of a return in the daily time in this analysis. But in two very levels, whenever it reached this price, it had a good return. We have to wait.
There is no sign of a return in the h4 time in this analysis. But in two very levels, whenever it reached this price, it had a good return. We have to wait.
Investigation and analysis of eurnzd in 1 hour time
Review and forecast of eurnzd analysis in 1 hour time:
In this analysis, rsi has given a return signal. And at this price, there is a big risk to enter the purchase. The same resistance line that has been converted into support and out of that downtrend channel. The uptrend channel that our target is 1.6747 with Stop Loss is 1.6534. It is suitable for buying. So you have to wait to enter the purchase of this signal. To be done according to our analysis.
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