FullTimeTrader
Short

NZDUSD-AB=CD pattern and bearish divergence

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
218 1 2
Various reasons to go short

1) perfect AB=CD pattern (0.61 fib retracement+1.61 expansion)
2) MACD bearish divergence
3) EMA 200 acting as resistance
4) bouncing on round psycho level 0.79000
5) pinbar candle pattern

Greetings
Thanks for sharing this. Just that I can't see where is the pinbar candle pattern. : )
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