New Zealand Dollar / U.S. Dollar
Long
Updated

NZDUSD: Bullish Shark?

Looks for a nice opportunity: a bullish shark might be coming in hour chart. Point D is at a support area, target(s) is/are in the next resistance area. Nice RR 1:2.5 t1 and RR 1:3.5 @t2. High risk as it's a trade against the trend! That's why I don't see a t3 outside the resistance area.

S/L goes underneath point X (underneath support).

s/l: 0.68095
t1: 0.68671
t2: 0.68846

Monitor closely, stay calm and watchout for reversal signals around point D (reversecandles, etc.).
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Pattern turned invalid.

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