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D_Market_Outlook

NZDUSD SHORT

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
D_Market_Outlook Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis NZDUSD NZD USD nzdusdsell nzdusdsetup signal nzdusdlong nzdusdanalysis
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trendanalysis chartpattern beyondta nzdusd nzd usd nzdusdsell nzdusdsetup signal nzdusdlong nzdusdanalysis
1. Pullback and Retest of weekly neck line structure that has been well respected.
2. Good RR.
3. Rejection at 0.618 fibs level.
Comment:
Completion of AB=CD pattern in lower time-frames as well
Comment:
Lower close of prev low in 1hr timeframe with double top could be possible entry signal for a short. Do note position size needs to be lower as an entry here is considered aggressive.
Comment:
Take some profit ,let the rest run.
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