Intraday Analysis Overview Taking Points - Technical Strategy: Long@.8380 - Trendline Broken On Daily Chart - Candlestick 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 bearish trendline with having “Morning Star” pattern on daily chart, which can be quite consider to trade.
Strategy - Entered long @ 8380 with stoploss @ 8300 for targets 8500, 8570, 8600