NZDUSD - Price reversal going up
This is one of the more sold off USD pairs for the past week.
Completed Wave 5 of both HTF and LTF.
Looking for price to correct towards the Wave 4's marked in blue.
AUDUSD and NZDUSD are similar. I am taking NZD because the fact that it did not take out the 13 Dec low compared to AUD implies that NZD is stronger.
Completed Wave 5 of both HTF and LTF.
Looking for price to correct towards the Wave 4's marked in blue.
AUDUSD and NZDUSD are similar. I am taking NZD because the fact that it did not take out the 13 Dec low compared to AUD implies that NZD is stronger.
Trade closed manually
Comment:
Idea is wrong. Probably one more swing lower.
Lower TF.