- Technical Strategy: Long@.8380
- Broken On
- Pattern: Morning StarTrend is down, but chart showing possible pullback, and this is considerable counter-trend.
On elliottwave, we are able to count five waves down on NZDUSD and considerable we will be in wave 2 / wave B. Price brokendown the with having “Morning Star” pattern on , which can be quite consider to trade.
- Entered long @ 8380 with stoploss @ 8300 for targets 8500, 8570, 8600