fximperija
Long

#NZDUSD rising channel harmonics

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Kiwi has established a support @7805. Bullish gartley possible completion @7846 and even lower test of channel boundary. Should not violate the channel. Last week net shorts totaled 2384 CFDs, compared to only 100 the previous week. Selling pressure increased .
fximperija
2 years ago
Kiwi made new high just to drop and test very important TL @78, bounced back into the channel. With no new low this could be a nice long opportunity.
Reply
I longed, but now out for a while, trying to figure out the current development. In Elliot terms, it looks like a triangle in a 4th wave position from the big decline, followed by an expanded flat and now a corrective leg up, but not sure. What are your thoughts on it?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out