INotFancy

NZDUSD 4H - sell opportunity

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD A sell-setup in the making. There's divergence in the charts which indicates that the sell is a short-term setup. So we might or might not be looking at the last impulse down, before it starts correction upwards. If you look at the daily structure, you will notice we are in the third wave-C. So the longterm forecast is bullish, but for now, look for the short-term sell. Note to me; be patient and don't enter the trade to early, wait for the breakout.

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.