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Jun 15, 2017 1:54 PM

NZDUSD AB=CD Forming Short

New Zealand Dollar / U.S. DollarFOREX.com

Description

Mates,

NZDUSD made a pretty critical turn yeserday 6/14 and has a bearish engulfing candle going today on the daily. I entered short at the very tip, but I think it is still good. If you enter, wait for a bounce and make sure it aligns with your own trading strategy. Good luck and happy pippin!!

Comment

Here we have a possible AB=CD on the hourly after the huge bounce yesterday:

Remember, it is not uncommon to find harmonic patterns within other patterns.
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