NZDUSD looks like it is completing a bullish shark pattern on the hourly chart.
The big trend for usd denominated pairs are all bullish, it is wise to go with the big trend and trade the trend following harmonic patterns.
Caught 2 big moves in EURAUD and GBPNZD last week, EURUSD is also approaching the crab/deep crab pattern as highlighted.
Overall I had a great week and I am now waiting for this shark pattern to form on NZDUSD.
The prz is around 0.6090-0.6100, look for a reaction before entry.
No reaction no trade!
Stops will have to go below XC 1.27.
Profit targets are at CD 0.5 and 0.886.
Good luck n good trading.
if you understand mandarin, I do Chinese harmonic analysis weekly on my website, you can check it out for a authentic harmonic analysis on the market weekly.
The big trend for usd denominated pairs are all bullish, it is wise to go with the big trend and trade the trend following harmonic patterns.
Caught 2 big moves in EURAUD and GBPNZD last week, EURUSD is also approaching the crab/deep crab pattern as highlighted.
Overall I had a great week and I am now waiting for this shark pattern to form on NZDUSD.
The prz is around 0.6090-0.6100, look for a reaction before entry.
No reaction no trade!
Stops will have to go below XC 1.27.
Profit targets are at CD 0.5 and 0.886.
Good luck n good trading.
if you understand mandarin, I do Chinese harmonic analysis weekly on my website, you can check it out for a authentic harmonic analysis on the market weekly.