25A
Short

Potential NU Short for Next Week Continued

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
44 0 3
This is a continued analysis of my previous post. Check the related ideas. So, apparently, my guess was right. Thursday's Pump and Friday's dump showed a blatant fake out. Reasons why next week is a short: On the weekly, we see bearish pinbar. On the daily, we see an bearish engulfing candle. On the 4hr, we see a lot of red. Friday's pump dump established that the long term retracement is complete and shows that a significant downmove in imminent.

Looking at targets of .64 and .625.

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