Tibika
Short

NZDUSD 15M short on exhaustion

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
27 2 1
NZDUSD             getting to the point, where I think a harmonic move was completed and it's time for a move down. Ideally the whole way down, but for starters, the target is on the chart.

At point D I see:
- harmonic move completion
- area of previous support / resistance
- 1.27 to 1.414 extension of AB
- 0.786 retracement of the "big" impulse leg (XA)
- price action indecision

(sorry about the squished chart, I can't edit it after publishing.. :/)
Cutting risk to just above the recent high (0.714 area) and we shall see about this tomorrow
Reply
Target hit this morning (CET)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
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