Here is my analysis of NZDUSD. Right now I believe NZDUSD already completed impulse upside which is wave 1. In the daily timeframe, I saw an evening star pattern formed which make me more confident that this time NZDUSD will start to make wave 2 for the retracement. Next week, I expect that NZDUSD will do some retracement move before continuing to the downside. In my analysis, I already marked two areas that could be an area where NZDUSD might be the reversal area.
Disclaimer: This is my personal trade setup !! Please if you use my analysis, use it for comparison with your own.
Cheers :)
Disclaimer: This is my personal trade setup !! Please if you use my analysis, use it for comparison with your own.
Cheers :)