NZDUSD LONG OPPORTUNITY

By drin
Updated
NZDUSD is making an ABC correction on 1H chart, you can buy the bounce off the trendline+0.382 fibonacci which would be a nice confluence or for a more conservative entry wait for the breakout of the trendline before buying.1st target would be 1.27 extension and 2nd target 1.618 fib extension.
Trade active
Trade closed: target reached
1st target met : 1.27 extension
2nd target also met : 1.628 extension
0.3825thwavebreakoutbuyElliott WaveFibonacciLONGNZDNZDUSDstructureTrend LinesUSDwavewaves

Disclaimer