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hazem44
May 28, 2022 3:18 PM

NZDUSD using Gann methods + Harmonic patterns  Short

New Zealand Dollar/U.S. DollarFXCM

Description

Hi,,,,
NZDUSD seems that is going to have correction before continue going long
SL:0.65764
TP:0.64300
why I am entering?:
Gann resistance at 0.65501 price could not close above it
Harmonic BAT pattern PRZ ( Potential Reversal zone) and there is a good reversal candlestick
1- Doji candle
2- Long upper shadow candle
these are signs of price reversal
if you want to make sure of entry wait for the first 4 hours and if NZDUSD closed above 0.65501 for 4 hours cancel the trade ( I do not think it will happen)
If you like my analysis give me like and follow for more @hazem44

Trade closed manually

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