DavidMarcy_TradeHuntFx
Long

NZDUSD - Corrective wave 4 is underway

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
We already have a long position open on this pair. At the momement we are retracing wave 1 of the 5 wave expected corrected move up to form wave 4 of the longer term 5 wave move down. To enter this trade, look for a 61.8 retracement of wave 1 on the lower time frames.
good idea
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thanks! feel free to post your own analysis here
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