NZD/USD - CONSOLIDATION BEFORE FURTHER DOWNSIDE

Experimenting a little bit with the Line chart. I believe it gives a clearer picture of the overall view so hopefully I was able to demonstrate just that. As indicated on the chart we're probably in a Zig-Zag correction still and we're in the Final C leg of the formation. Therefore for now I expect some more consolidation before the pair moves even lower.

Trade safe and implement your own due diligence before entering a trade.

Kommentera:

successful breakout...waiting for a retest before joining in