NZDUSD - Price reversal going up
This is one of the more sold off USD pairs for the past week.
Completed Wave 5 of both HTF and LTF.
Looking for price to correct towards the Wave 4's marked in blue.
AUDUSD and NZDUSD are similar. I am taking NZD because the fact that it did not take out the 13 Dec low compared to AUD implies that NZD is stronger.
Completed Wave 5 of both HTF and LTF.
Looking for price to correct towards the Wave 4's marked in blue.
AUDUSD and NZDUSD are similar. I am taking NZD because the fact that it did not take out the 13 Dec low compared to AUD implies that NZD is stronger.
Note
Still valid.Lower TF.
Trade closed manually
Note
Idea is wrong. Probably one more swing lower.
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