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That_Guy_Ray
Jun 9, 2020 11:35 AM

NZD Sell off coming up! Short

NZD/USDOANDA

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Pair broke the previous higher low creating a potential selling opportunity. Plotted the retracement tool and if we wait for the market to push up into the 50 percent fib level, we can enter our trade. Looking for target at 0.64035 that is a major key level in structure and the fib extension level hits at the 1.618 adding more validation.
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