cdschultheis15

NZD/USD Bearish 5-0----Follow up

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
It hit! This one came is a lot sooner than I expected!
Spotted this one out about 3 weeks ago! Time to take your positions!

The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50

From here on out, we can expect this pair to stay on the downside!
Be sure to look at this pair to head on its way down to complete @Lewglasgow 's Bullish cypher pattern around the .6800 level!!!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.