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cheminacci

NZDUSD Consolidation Wedge post Gartley

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
cheminacci Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD nzdusdshort kiwi Fibonacci Retracement cheminacci Trend Lines Wedge Daily Charts
5
0
nzdusd nzdusdshort kiwi fibonacciretracement cheminacci trendline wedgepattern daily
After the previous bull gartley pattern completion and reversal, price moved up and bounced of off a major weekly trendline (purple). The gartley pattern also helped set up a consolidation wedge. This is looking like a set up for another retest of the bottom of the wedge. Projected target 1 and 2 0.6502 and 0.6405 levels.
Trade closed: stop reached
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