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glennmercer

NZDUSD Short: Quintessential 5-0 Pattern + Wolfe + Trendline

Short
Dollaro neozelandese / Dollaro (FX:NZDUSD)  
glennmercer Aggiornato   
FX:NZDUSD   Dollaro neozelandese / Dollaro
NZDUSD Wolfe Wave glennmercer gmercerfx ww 5-0 Pattern Bearish 5-0 confluence Trend Lines
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nzdusd wolfewaves glennmercer gmercerfx ww 5-0pattern bearish5-0 confluence trendline
NZDUSD has reached the 50% retracement of the BC leg of a bearish 5-0 pattern, which means it is time to sell. Target is placed at structure lows which coincide with 1.618AB, which is expected for these types of setups. SL may be placed above .618BC. To add to bearish bias, a Wolfe wave has also been completed at the entry point with the same target as the 5-0 pattern.
Trade attivo
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