Timing is key

NZDUSD - Converging Lines at 83270 for the 5 pivot?

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
231 8
Looking at around 83270 for signs of a bottom before a strong move to the target zones. Idea based on a 5 pivot completion, which if confirmed is also an SEP ( Skewed Expanding Pivot ) ie. each successive swing is not only larger but skewed to the downside along the 0-4 line. Will be watching for a reversal at the latest ML.


Timing is key iTradingForex
Nice fork, shows real downward pressure along ML ( Lower Tops ) . Notice the ML is at the same angle as the most recent short term tops, hence, if it is broken, may well go to Upper MLH. Looking for a P5.....Let's see how this unfolds:)

Sam0101 Timing is key
U see support lies at 0.8275?
iTradingForex iTradingForex

Yes, please let there be some kind of bounce...p5 p7 p9 just let me short against this line haha :D
Sam0101 iTradingForex
Is kiwi calling for reversal all the way to 0.84?
Hello GohSam,

Market fell hard and pulled up at second P5 Target, however, Since then it's bounced its head again on the 0 - 4 Line and it's failing around the lower warning line....telling me if it closes below WL good chance it will drop to the next Equidistant WL. Unless this 0 - 4 line above breaks I say No to .84
Timing is key Timing is key
Getting Close To Next WL. Should bounce from here

I like it! Check out the larger context too though...pretty strong downside there.
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