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avedistufenkdjian

NZDUSD Counter Trend

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
avedistufenkdjian  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Wave Analysis Chart Patterns Trend Analysis
0
2
waveanalysis chartpattern trendanalysis
This one is a bit of a riskier trade.
Short term trend is bullish because we have made 2 HH's and 1 HL. We are waiting for the next HL to form so that we can buy this pair.

Reasons for counter trend;

Strong Resistance on higher time frame. Need for a HL to form.
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