NZD/USD – H4NZD/USDOANDA:NZDUSDElrouby 📈 Technical Analysis Summary (NZD/USD – H4, Wolfe Waves) • The chart displays a classic bullish Wolfe Wave pattern, with points 1 → 5 forming a contracting structure. • Price has completed Wave 5 right at the lower boundary of the Wolfe channel — the zone where reversals typically begin. • The green support area aligns perfectly with the Wave 5 overshoot, a common feature before the market snaps back toward the EPA/ETA target line. • A strong upward arrow marks the expected bullish move, projecting price toward the 0.59424 target zone. • The setup includes: ◦ A clean 1–3–5 lower trendline ◦ A 2–4 upper trendline defining the target path ◦ A textbook Wave 5 liquidity sweep ◦ A mapped stop‑loss below the structure at 0.56649 --- 🔥 Critical Added Insight NZD/USD is currently sitting near one of its lowest historical levels, acting as a major long‑term support zone. This adds powerful confluence to the Wolfe Wave reversal because: • Wolfe Waves are strongest when Wave 5 forms at extreme lows • Multi‑year support increases the probability of a sharp corrective rally • Wave 5 sweeps liquidity before reversing toward the EPA line