I see a great opportunity to go short on NZDUSD. We have a very nice triangle pattern with very interesting key confluences:
1. Price has tested the triangle resistance once more
2. Fibs 78.6-88.6 (little one)
3. Fibs 61.8 (big one)
4. Nice shooting star candle.
Our targets are:
1. Next triangle support level
2. Nearest structure support 0.6290
3. Fibs extension 1.272, which will be the completion of potential gartley pattern, and there we will have an opportunity to go long
Keep an eye on this pair!
Avto_T
Green Luck
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Bearish PatternsEDGEfibsGartleyNZDNZDUSDnzdusdshortPRZRCPredzoneresistreversalSELLshortsupporttarget1target2target3targetsTriangleUSD

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