Sergio_196

#23 NZDUSD Double ABCD and 0.618 Retracement from last swing

Short
Sergio_196 Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The last leg was preceded by an ABCD, which expanded to the 1.618 extension. I hope that the same thing happens now. There is a 1.618 ABCD expansion from the lows, in a 0.618 retracement from the last swing high. My stop is 50 pts higher. I am entering at the market now at 0.62282
Trade active:
I have added to this position now at 0.6154. I can see some degree of weakness in the Daily as we had two consecutive black bars and the weekly seems like a bearish channel
Trade closed: stop reached:
I moved my stop to Breakeven at 0.6191 and I have been stopped out in both for 0.
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