glennmercer
Short

NZDUSD Short: Quintessential 5-0 Pattern + Wolfe + Trendline

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
9 months ago
NZDUSD             has reached the 50% retracement of the BC             leg of a bearish 5-0 pattern, which means it is time to sell. Target is placed at structure lows which coincide with 1.618AB, which is expected for these types of setups. SL may be placed above .618BC. To add to bearish bias, a Wolfe wave has also been completed at the entry point with the same target as the 5-0 pattern.
9 months ago
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