M_KAY

NZDUSD, WHAT CAN HAPPEN ? BULL OR BEAR ?

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
THE PRICE IS CURRENTLY TRADING IN A TRIANGLE NEXT TO KEY LEVEL 1. IF THE PRICE BREAKS THE LEVEL AND THERE FOR A TRIANGLE, IT WILL GO DOWN TO KEY LEVEL 2. IF THIS LEVEL IS BROKEN, I WILL LOOK FOR A SHORT TERM SELL OPPORTUNITY TO KEY LEVEL 3 AND COMPLETION OF A W-STRUCTURE AT THE D POINT LEVEL AT WHICH POINT I WILL LOOK FOR A BUY OPPORTUNITY ABOVE KEY LEVEL 3.

TRADERS PLEASE LIKE MY IDEA IF YOU AGREE WITH IT. YOU CAN ALSO COMMENTS WITH YOUR IDEAS.

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