NZDUSD is making an ABC correction on 1H chart, you can buy the bounce off the trendline+0.382 fibonacci which would be a nice confluence or for a more conservative entry wait for the breakout of the trendline before buying.1st target would be 1.27 extension and 2nd target 1.618 fib extension.
A nice inverted H&S formed on 0.382 fibo daily retrace
If we are in wave C, The price(1.166-1.18) and time(2015-09-14) area is very important. So I put the possible MACD is drawn in the chart. If an option as shown in the chart, the point C is a good short point.
Here we have a Gartley pattern near completion. D leg needs to complete at a 1.27% in order to see a bearish Gartley pattern completion according to my rules. We will also have an ABCD pattern completion which adds to make it a valid Gartley pattern. Stops Above X TGT 1 0.382% TGT2 0.618%