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technical analysis

NZDUSD Simple Or Double Zigzag?

On the 1H timeframe of the NZDUSD currency pair, the cycle wave w was complete. Then the formation of a descending corrective figure began. Now a primary double zigzag Ⓦ-Ⓧ-Ⓨ is under construction, where the first actionary wave Ⓦ has…