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
traderWgun traderWgun
5 up followed by 5 down and with a lower high = bearish trend in the works
Reply
On the shorter cycles we can see that a test of .86 is still on the table
because we havn't seen a 5 waves move
snapshot
Reply
traderWgun traderWgun
snapshot
Reply
We hit .8535 where we have 3x fib confluence
snapshot
Reply
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.
Reply
This time it's hard !"
Reply
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!
Reply
Bound to bounce here.
I will look to add to shorts
snapshot
Reply
To early to tell, but #NZDUSD could be making a h&s
snapshot
Reply
traderWgun traderWgun
i haved covered shorts for +220
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out