Hi dear traders .
Here on NZDUSD the price has just met weekly downtrend ,so we expect a retracement to a bullish impulsive move at least to the 38% fibo ,so it will give us a nice short trade opportunity .but we should have confirmation from H4 ,shifting from bullish to bearish .

Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
FibonacciMultiple Time Frame AnalysisSupport and Resistance

Disclaimer