It seems to me that NZDUSD is forming a Bearish Gartley formation. I'm not sure if this is the case. Any thought would be welcome!
Commentaire
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Trade Balance came in at 103M, much worse than expected. Looks like NZDUSD will goes as planned
Commentaires
bolli49
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Hi, Weekly Retracement Fib. 78% ; Daily / H4 Trend is down; in H4 lines forms a "Trompete" H4 Retr. Fib. 76%; H1 Trend is high, it must tourn to short at ,0718 ( Fib. 50%) here a Entry Short , TP 0,686 ) I have to wait. Good Luck
workforpip17
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@bolli49, thank you for the helpful info and good luck!!
Jack-Liu
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Excellent
workforpip17
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@Jack-Liu, Thank you!! Hopefully it will goes as planned..
RyanVarghese
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Possibility of it closing above 0.73 by friday close
workforpip17
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@RyanVarghese, if not closing above .73 then what is your thought? I think today movement mainly due to the Fed members' speeches..
RyanVarghese
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@workforpip17, Then its the time to short based on the crosses that is formed on AUD/NZD which oversold due to Kiwi`s strength..