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Sunday, February 19, 2012

HERE ARE THE FOUR POSSIBLE SCENARIOS TO FINISH THE CORRECTION IN NZDUSD!!!


Here are the four possible scenarios to finish corrective wave 4. The first scenario is irregular followed by flat. The second scenario is irregular followed by irregular. The third scenario is irregular followed by zigzag(there is a chance the C wave of the zigzag to terminate very close to the preceding wave C as well), and the fourth scenario is irregular followed by a triangle.
It doesn't really matter which way it is going to play out, since in all cases it resolves to the upside, but having visuals of all the options will give us a good chance to enter the 5th wave at earlier stage. Keep in mind that the 5th wave should be equal to at least 390 pips up to 600 pips, so the minimum target after the correction is completed is .8570.

Good luck!!!

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