Small Sell Followed by Major BUY (Elliot Waves)

I believe for NZDUSD we are currently in Wave 2 in the Major Time frame. Within the Major Wave 2 which seems to be unfolding as a ZigZag Structure we seem to be in its Leg C. Within that Leg C we are in its final wave down which is Wave 5(Leg C). After the next down move i expect this pair to be very Bullish till further notice. Always wait for breaks outs and confirmations before entry. Trying to find the exact point of reversal is often risky. Might as well wait for good breakouts as confirmation before going bullish. Yes you may lose some pips by not entering below but this way at least your risk is way lower. Good Luck