Still down for at least an hour or two. Monitor for major pull back.
The chart is in a bearish trend and making lower lows and lower highs thus going short on NZD since an ABCD pattern could be completed at D which is the support line and TP1.
NZD It is in a descending channel. According to previous forecasts, the price has increased up to the ceiling of the channel Now I expect it to fall due to the downward divergence formed until the bottom of the channel. #NZD #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
oscillator below average low and market compression. prediction is peak to previous support of 5.5
burst NZD crush the end of beginning no Buy NZD Don't forget Lehman
we have ab=cd pattern has been completed and bull back from demand area so we will take i C point as target
This will gives much advantages to currencies against it. Look for LONG TERM selling opportunities
area might provide us with a decent opportunity to look for further downside on this pair of NZD/CHF The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
Thanks for viewing. The price decline of 2015 to 2016 can be plausibly labelled either a WXY (double ABC) correction or as a single impulse wave down. There seem not to be any failures within what is quite likely an impulse wave down. So that leaves two main scenarios on the table: 1. That we have had the wave (4) correction and are working on wave 5 (we are...
Index down to about 141.76, then up. If this happens NZD/USD will first go up ( 0.7050 ), then long down ( 0.6510 ).
Bearish Bat pattern, gann resistance and fib resistance are showing that NZD has nowhere to go but down.
Hello, Very interesting developments right now in the NZX - it only recently seems to have recovered from the 2008 economic shock... and then this happens. Wave A was clearly defined and there are 5 sub-waves that are valid and meet all extensions / dimensions. Then things get a little complicated, Wave B seems to have taken the form of an expanding symmetrical...