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EURNZD - Where are We ??????? Wave Count

FX:EURNZD   Fx Euro/Dolar New Zealand
34 0 4
A possible wave count scenario for EURNZD             , considering an impulsive wave commencing Feb 2017.


We may presently be at

1. Wave 4

2. Wave b

3. Within some form of corrective structure developing.

You won't know what this structure will be - either expanded flat, triangle or worse a combination. Drawn is a triangle.


If we have established wave A , then could look for .382- . 618 retracement for the completion of B wave.

The C wave would then be 5 waves down to complete the 4th wave.

Then look for the next leg up in 5 intermediate waves to complete the 5th Primary wave. :)
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