FX:NZDUSD New Zealand Dollar/U.S. Dollar
Comment: I think the corrective wave pattern has extended itself into a expanding triangle. So short sell setup is still legitimate if the pattern is completed, as this is a trend contination pattern. But, if I get a break and close above the upper trend line of pattern, my idea is invalidated.
Comment: The corrective wave pattern has not broken yet, so wait until pair reaches upper trendline of the previous correction and then sell. As always trade carefully.
Comment: Trade is playing out nicely here. You may wish to take advantage of sell opportunity presented here. Trade safely.
Comment: Trade still playing out the short. Here is an updated drawing of the pair. Enjoy. Trade carefully.