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New Zealand Dollar Analysis - Short

Short
CME:N61!   None
NZDUSD

Several factors pointing to a reversal in price:
- Fibonacci Cluster (161.8% extension, 327.2% projection, 70.7% retracement)
- 9 month Trend line Resistance (9/7/16-present)
- Elliott Wave 5 Top
- Supply zone
- Doji candlestick

Tough to short against such a strong uptrend, therefore look for confirmed reversal in form of back to back bearish candles, lower high + reversal candlestick, etc.

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