NZDUSD SHORT POSITION (4HR)
Updated
CONFLUENCES:
- Bearish market structure confirmed by EMA crossover
- Breakout and retest of the larger uptrend in the Daily
- Rejection of the 78% Fib Level
- Rejection of the previous area of support
- Elliot Wave 5th leg
- Bearish market structure confirmed by EMA crossover
- Breakout and retest of the larger uptrend in the Daily
- Rejection of the 78% Fib Level
- Rejection of the previous area of support
- Elliot Wave 5th leg
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