may be market will touch the 127 extension and complete a cypher patten... and then there will be long position.
long position for NZDUSD. market may be found a support zone between 0.76893 & 0.76665
looking for 127 extension and trend continuation
may be a harmonic abcd pattern..and then a short position
tested previous support level and will make the 61 retracement
If it breaks the previous support level then we may see a down trend..if it doesn't break then might be a little pullback
long position depending on previous structure
Completed a Bat pattern and now looking for a 382 retracement as a initial target.
completed a gartley pattern , and may touch the 382 retracement. Risk/Reward Ratio : 1
after looking at the previous chart.. market may continue to the downtrend.. and make a Gartley pattern.
may be market will make another ABCD pattern and will touch 127 extension.
as it was a double top and market went bearish and came back to 618 retracement, and also it breaks the previous low so hoping for 127 retracement. may be i am wrong.. so please comment .
Just completed a Bat pattern. may be its a long position. looking for 0.382 retracement .
PLEASE COMMENT... THAT WILL HELP ME.