Wave-Trader

NZDUSD Watch for buy at bottom

Long
Wave-Trader Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
90
Hi fellows. I am look for short term buy on NZDUSD. This pair is extremely oversold on higher time frames. On 15 minute time frame we have impulse and falling wedge formation which is trend continuation pattern formation. I am looking for next impulse up 27 Percent of FIB lines. Look for buy close to 786 of your fib lines. In case price breakdown the impulse then price will change the pattern formation. This trade setup is counter trend trade setup which is against the daily trend and short term trend is up on lower time frame so use reasonable risk. Good Luck fellows.
Comment:
Pattern trend line broken.
Comment:
Price is about to hit the target. But it is rising sharply more upside possible fellows. Good Luck
Comment:
Here is the update fellows.
Comment:
Watching bottom for price action

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