Get started
UniversalMind

NZDUSD short after retrace to Fib 0.5

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
UniversalMind  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
NZDUSD has reached the top of the box (BOS), and it is about to fall. Wait for the price to reach Fib 0.382 (0.64646) or Fib 0.5 (0.64771), get confirmation, and short to 0.63722 since it is the price with most volume. It may keep going down to the bottom of structure 0.62277. We will see.

Have fun Traders!
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.