I really like your excellent and smart analysis, very clear and simple as usual. I am seeing the same thing. The same harmonic structure is forming on the Aussie/Kiwi too since both of these pairs are positively correlated to a certain degree.
AUD/NZD Weekly Chart:
GBP/NZD Weekly Chart:
Good luck next week and enjoy your weekend!
KevinSinghDhaliwal
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Hi, awesome charts both GBPNZD and AUDNZD, makes it easier to understand the bigger picture. AUDNZD might reverse soon unless breaks out and confirms the breakout, then we might have an opportunity to short it (as your chart shows)
KevinSinghDhaliwal
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Have a good weekend and I really appreciate the kind words :)
KevinSinghDhaliwal
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second target done!
KevinSinghDhaliwal
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two targets done!
mhabash15015
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what about nzdusd still short or what ?????
KevinSinghDhaliwal
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Couldnt break so have to see
KevinSinghDhaliwal
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one done
DerekUweri71
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Hi Kevin, Are you referring to the CD leg of the above pattern as a bearish harmonic?
prashantfx
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Am all ready in short side sl is 2.26500 for safe side
AUD/NZD Weekly Chart:
GBP/NZD Weekly Chart:
Good luck next week and enjoy your weekend!