NZD/USD (Kiwi) - Short
So i know most traders have posted their analysis on this pair throughout the last week or two so i thought id throw up my own.
I got in just under the 0.75 even handle after the break and retest of the double top neckline, I could of got a better entry if i entered on the break and retest of the CTL which also created the Double Top but to be honest i missed it!
First Target has nearly hit but ill be taking this down to target 2 which is D1 at the 0.70000 even handle
Obviously some great confluences on this pair ill just list them below
I got in just under the 0.75 even handle after the break and retest of the double top neckline, I could of got a better entry if i entered on the break and retest of the CTL which also created the Double Top but to be honest i missed it!
First Target has nearly hit but ill be taking this down to target 2 which is D1 at the 0.70000 even handle
Obviously some great confluences on this pair ill just list them below
- Weekly Engulfing/ Bearish Marabozou
Daily Marabozou
CTL Break ( and retest )
Double Top
61.8 Fib Level
MA's still converged (plus just crossing on the Daily)
New Lower Low (indicating end of previous Counter trend)
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