NZDUSD Short Idea
It appears NU has been under correction for some time, following a massive
bearish plunge. This serves great knowledge in understanding its motive.
The corrective nature is quite unusual and thus drawn my eye to investigating
the WXYXZ correction pattern and it seems that it has to complete leg XZ in
order to validate the wave pattern. Quite interesting to watch unfold.
If you enjoy this post, please do like and comment with your views, they will be highly appreciated.
bearish plunge. This serves great knowledge in understanding its motive.
The corrective nature is quite unusual and thus drawn my eye to investigating
the WXYXZ correction pattern and it seems that it has to complete leg XZ in
order to validate the wave pattern. Quite interesting to watch unfold.
If you enjoy this post, please do like and comment with your views, they will be highly appreciated.
Note
Trade was never triggered, Looking to re-evaluate the setup
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.