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AidanMDang

NZDUSD Reversed Off Fib Confluence Zone, Bull Flag, Divergence

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
AidanMDang Updated   
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Fibonacci Flag Wedge NZD USD NZDUSD
9
0
fibonacci flagpattern wedgepattern nzd usd nzdusd
Here NZDUSD has reversed nicely from a fib confluence zone between the .618 retracement of the large bullish impulse, and 1.272 extension of the smaller bearish impulse.

Further confirmation signs include a broken falling wedge and bull flag, as well as clear RSI divergence.

Target 1 is based on recent resistance.

Good Luck!
Trade active
Trade closed: target reached

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