Kav1ka

Harmonic Pattern On NZDUSD

Short
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD at Fibonacci Resistance level and Daily Pivot R2, combined with Harmonic Pattern and MACD Divergence on the 4Hr is enough confirmation for a short trade on this pair. A little drawing illustration of the 1.272 Fib ratio on the chart if you're using either the ABCD tool or the Fib Retracement.

Happy Trading folks!

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