NZDUSD: Structure is a Big Magnet
Good Monday traders.
Here is the first setup of the week. We have a pure structure based shorting setup on
NZDUSD. The market is moving in the wedge currently and I am waiting the price to enter the Red Zone and fall all the way down.
The reversal zone is between the structure resist and the fibs 61.8 with the confluence of look left structure. We should wait the price to enter the red zone, retest the wedge and then go short. Our targets will be next support levels: Target 1 @0.6284 and target 2 @0.62547.
Also note that we are still in a bearish market.
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Here is the first setup of the week. We have a pure structure based shorting setup on
NZDUSD. The market is moving in the wedge currently and I am waiting the price to enter the Red Zone and fall all the way down.The reversal zone is between the structure resist and the fibs 61.8 with the confluence of look left structure. We should wait the price to enter the red zone, retest the wedge and then go short. Our targets will be next support levels: Target 1 @0.6284 and target 2 @0.62547.
Also note that we are still in a bearish market.
----------------------------------------------------------------------------------------------------------------------------------------------
ATTENTION: Very soon, the best forex services will be available for you traders. Our team is working hard to satisfy your needs. We give you the opportunity to choose between the best brokers in the industry, with the confluence of analyses and investigation of our experts’ team. Our team will be ready to guide you through each broker you are interested. And this is the only beginning. Many more friendly services and atmosphere will be available only for you!
And of course the best service ever, we do offer you a so called “Big Deal” service, which you have never faced before. Are you confused, interested what it is? Reserve your sits my friends! Follow me and be the first to enter our world!
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