After reaching a weekly key level price dropped massively but since then we may see it has reversed half way of the sell off. Most likely we are at the begining of a correction before a new move to the down. What we should do is wait for this correction to end and sell NZDUSD aiming for the D point of a bullish cypher pattern which will probably end this downmove.
So in this analysis we have two potential setups with selling being our first priority. If any sell setup completes i will update this post.
Key Weekly Level:
On Wednesday i will host a webinar where i will show you how to identify harmonic patterns and how to trade them the right way. Register using the link below:
attendee.gotowebinar.../1446690496367655170
Have a nice trading week..
So in this analysis we have two potential setups with selling being our first priority. If any sell setup completes i will update this post.
Key Weekly Level:
On Wednesday i will host a webinar where i will show you how to identify harmonic patterns and how to trade them the right way. Register using the link below:
attendee.gotowebinar.../1446690496367655170
Have a nice trading week..
הערה:
As we mentioned in our post we should wait for a correction before selling the market. We now have a pending setup we can sell when price completes the c wave. We also have a nice buy opportunity
