NZDUSD getting to the point, where I think a harmonic move was completed and it's time for a move down. Ideally the whole way down, but for starters, the target is on the chart.
At point D I see:
- harmonic move completion
- area of previous support / resistance
- 1.27 to 1.414 extension of AB
- 0.786 retracement of the "big" impulse leg (XA)
- price action indecision
(sorry about the squished chart, I can't edit it after publishing.. :/)
At point D I see:
- harmonic move completion
- area of previous support / resistance
- 1.27 to 1.414 extension of AB
- 0.786 retracement of the "big" impulse leg (XA)
- price action indecision
(sorry about the squished chart, I can't edit it after publishing.. :/)
