NZDUSD - Top of the ascending triangle...
Updated
Elliot impulse wave counts tells us a 5th and final leg is expected next after a completion of wave 4 shown by a rejection at the 123.60 fib extension level. We have a good confluence of a trendline and a strong level of resistance to short this pair so look to open shorts as per your own entry criteria.
Order cancelled
Gap up after the weekend never gave us an oppurtunity to enter short
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