NZD/USD Short, Flat correction.
Updated
NZDUSD1- A Flat correction unfolded for wave X, and wave 5 of wave C ended in a diagonal Suggesting a strong move to the downside.
2- Wave C of the Flat correction found resistance at 50% Fibonacci retracement.
3- A bearish Candlestick Patter formed on the Daily Chart (Subdivided into 5 waves in the hourly Chart).
4- Stochastic reached the overbought area.
Sell at market price
SL: 0.7125,
TP: 0.6800 (Subject to change.)
Trade closed: stop reached
Stopped out, stay away.
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