Hello,
Here is the situation of the NZDUSD.
Very interesting configuration when the market will break down.


Violent MN3 Down Move followed by consolidation.
MN3 Orange Consolidation Down-broken by engulfing candle.

Now market is consolidating on MN1 timeframe.
We wait for the MN1 Blue consolidation Down-broken.

Target are in RED.

Regards.
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