NZDUSD short term downside

١٢ فبراير ٢٠١٨

Potential short-term downside movement on this pair. I would wait for a clean break downwards of ascending trendline before looking for opportunities to short this pair.

١٢ فبراير ٢٠١٨

ملاحظة

White TP line is derived from H4 chart where it's the 50% of recent impulse move up

١٢ فبراير ٢٠١٨

ملاحظة

١٣ فبراير ٢٠١٨

ملاحظة

Up or down, the next few hours candle will tell. Price is at the top of the descending wedge, could break upwards or downwards below brown trendline

١٣ فبراير ٢٠١٨

ملاحظة

Break towards the upside and re-test has occurred. You should have long this pair on the re-test. I did not, currently will be looking for potential opportunities to long if anything presents.

١٣ فبراير ٢٠١٨

ملاحظة

Current view with 2 TP levels for a long trade:

١٤ فبراير ٢٠١٨

ملاحظة

40 pips so far

١٤ فبراير ٢٠١٨

ملاحظة

First target achieved. 70 pips