Description
⋅ Hello,
Here is the situation of the NZDUSD.
Very interesting configuration when the market will break down.
Violent MN3 Down Move followed by consolidation.
MN3 Orange Consolidation Down-broken by engulfing candle.
Now market is consolidating on MN1 timeframe.
We wait for the MN1 Blue consolidation Down-broken.
Target are in RED.
Regards.