NZDUSD - Brief retrace before going short
Updated
PA has broken the rising wedge and is obviously in DT. I expect PA to stall momentarily here and retrace abit before going in its intended direction.
PA is at support and 1.618 Fib level. Expect to go back to 100 / 38.2 assuming current low is swing low. Stop below support.
PS: trying to incorporate more fib analysis. hopefully it works.
PA is at support and 1.618 Fib level. Expect to go back to 100 / 38.2 assuming current low is swing low. Stop below support.
PS: trying to incorporate more fib analysis. hopefully it works.
Note
stopped out. but price eventually did hit TP and went back short.
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