NZDUSD - Is this a trend change?
Story:
What we need now is a retracement with small volume to go long. There is chance also to retest the level, no one knows. The forecast is Long.
- Location is Excellent - Fib touch
- Bottom Speed Index a bit on the high side - I would preferred them to be higher to denote hard to move down moves.
- Immediate reaction after the last high down volume wave the largest up volume wave.
- The up waves are increasing
What we need now is a retracement with small volume to go long. There is chance also to retest the level, no one knows. The forecast is Long.
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