traderWgun

Shooting star warning that a major cycle has ended

Short
FX:NZDUSD   Dollar Néo-Zélandais / Dollar Américain
7
This market made a new high were it reached 1.272 fibonacci extension.
Now it's making a shooting star pattern on the weekly chart.

The EW count suggests that market has completed (or still in)
a complex correction. This market could do a wave XX and make another
three-leged move upwards before starting the move down.
But either way, it should retrace the move from .76 in atleast 3 waves.

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Make sure you take a look below for some short term charts.

Good luck!

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