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.. :/)
Tibika
5 months ago
Cutting risk to just above the recent high (0.714 area) and we shall see about this tomorrow
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Tibika
5 months ago
Target hit this morning (CET)
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