Optimum369

NZDUSD Best Setup Time to divorce GOLD

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
1 Structure 1/2 : bullish to sideways down
2 imbalances :target marked
3 Current Move 3: impulse
4 Entry TF : D1
4.1 ETF Structure: Bearish
4.2 move : Correction CIP
5 CIP
6 FIB: strong rejection at 50 almost done
7 candle Pattern: Up Momentum but not able to break resistance
8 Chart Pattern: Falling wedge REsistence
9 Volume : Very high on reversal
10 Momentum: Bearish to side ways
11 Volatility : Somewhere bullish
12 strength: curve bearish in bearish
13 Sentiment : weakest in commodities driven
14 Final conclusion: for refine your entry you also need to switch your tf in d1 to h4
15 Buy /Sell/Wait : Sell
16 Entry: 0.6225
17 Sl: 0.6255
18 Tp: 0.5856
19 Risk to reward Ratio: 1:17
Excepted Duration : 15days

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