DonjonCapital

NZD ~ Bull Time ~ Over Next Few Days

Long
DonjonCapital Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
I'm really liking the look of this projection for an impulse wave UP for NZDUSD.

The wave 2 retrace was just barely shy of 61.8%. Would have liked a touch, there, but it's close enough to play in my game.

Fib projected targets line up beautifully with visual support and resistance levels, as well as volume profile value areas and POCs.

I'm going to jump in and out of this, going long, for the next couple of trading days, when my algorithm signals!

Included pitchfork has some very accurate touches, visible on lower time frames. Check it out!
Trade closed: target reached:
Crushed the targets on this one! And quickly! This is what I love.
Trade closed: target reached:
Performed very well!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.