traderWgun
Short

A big cycle in the kiwi could be ending

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
394 14 5
We could see higher towards the alternativ triangle line
but on the daily and 4H there is bearish signs,
the question is if the bearishness is long term och short term.

Look below for more charts
To early to tell, but #NZDUSD could be making a h&s
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traderWgun traderWgun
i haved covered shorts for +220
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Bound to bounce here.
I will look to add to shorts
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Thanks for the kind response. I think your technical set up is pristine, I just wanted to contribute a macro/fundamental opinion. I hope this crushes it for you!
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This time it's hard !"
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I think you may be right about a pullback, but with the RBNZ likely to signal rate hikes next Thursday and the US Dollar hurting so much (more bad data today) I doubt it has the legs to run anywhere near .80. Maybe .835x though.
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I think you may be right about a pullback, but with the RBNZ likely to signal rate hikes next Thursday and the US Dollar hurting so much (more bad data today) I doubt it has the legs to run anywhere near .80. Maybe .835x though.
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traderWgun sedemmler
Hi thx for the feedback, I'm a technical trader and this is a technical setup
so even though I appreciate the heads up I will follow my way of trading.

Thx very much for your comment and all the best to you.
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We hit .8535 where we have 3x fib confluence
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Nice find again!
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