Likely NZD/USD "Kiwi" sell set up according to the tape reading!
1).Appears maxed on wave 5 and lined up for a price correction south...ABC. 2).Japanese Candlesticks are Bearish. 3). Price Momentum and Volume is dropping. 4). Banks & Hedges appear to be selling the pair. 5).The chart exhibits bearish trend lines. 6). The chart liquidity seams to be in the works of an M pattern. 7). The overall economic fundamentals have been risk-off for assets!
Note
The "KIWI" is my personal favorite to trade! Also, don't forget to contact me for more info. with our coaching & mentoring trading program! :-)Note
.5677 was likely the bottom...⬆
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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.