NZDUSD SHORT: Bearish Reversal
NZDUSD is about to make a Reversal, with a Bearish Wave expected.
I am expecting an Impulse Wave in Minor C (orng).
My Kiwi Technicals:
* Elliott Wave Reversal
* Leading Diagonal in Minor C (orng), of Intermediate (W) (orng)
* Upcoming Bearish Divergence
* 61.8% Fibonacci Retracement
* 127.2% Fibonacci Extension
* Harmonic Pattern: Bearish Shark
* Supply Zone
NZDUSD SELL Signal:
* Entry @ 0.6400
* SL @ 0.6630
* TP1 @ 0.6135
* TP2 @ 0.5900
* TP3 @ 0.5730
* Safety Measure: when in the green, moving SL to BE.
* SELL Stops on the way down, after pull-backs.
Many pips ahead!
Richard, the Wave Jedi.
I am expecting an Impulse Wave in Minor C (orng).
My Kiwi Technicals:
* Elliott Wave Reversal
* Leading Diagonal in Minor C (orng), of Intermediate (W) (orng)
* Upcoming Bearish Divergence
* 61.8% Fibonacci Retracement
* 127.2% Fibonacci Extension
* Harmonic Pattern: Bearish Shark
* Supply Zone
NZDUSD SELL Signal:
* Entry @ 0.6400
* SL @ 0.6630
* TP1 @ 0.6135
* TP2 @ 0.5900
* TP3 @ 0.5730
* Safety Measure: when in the green, moving SL to BE.
* SELL Stops on the way down, after pull-backs.
Many pips ahead!
Richard, the Wave Jedi.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.