TradingView
Jimi95
Mar 5, 2015 12:28 AM

KIWI SHORT SET UP Short

New Zealand Dollar/U.S. DollarFXCM

Description

This Pair was a result of a "chart-off"!
Pair in a Bearish trend respecting daily TL
-Fibonacci AB=CD with a double top off the 61.8 level
-AB leg in Conf with -27 Ext

240 Breakdown:
-CTL being respected (awaiting a break and re-test)
-Break of the 0.75000 handle to take out previous HL (trend reversal)
First targets of upon confirmation of the SHORT would be:
0.74300 (CTL TOUCH)
0.71800 (0% fib, CTL base)
Overall Downside targets at 0.70000 (-27 fib ext)
More