NZDUSD Daily Chart.One more leg down before up.
Updated
Hello traders,
Watching for trade setups in NZDUSD, should watch closely the price action now, if break up then I will look for buy setups. However, it seems that we could have an other leg down like previous moves. Price close to trendline, a bearish Cypher in place.
Weekly we are in a big corrective structure, waiting to confirm the way to fourth or fifth wave and will watch out for any break of the structure.Down should be the way overall for the pair.
Take care
Watching for trade setups in NZDUSD, should watch closely the price action now, if break up then I will look for buy setups. However, it seems that we could have an other leg down like previous moves. Price close to trendline, a bearish Cypher in place.
Weekly we are in a big corrective structure, waiting to confirm the way to fourth or fifth wave and will watch out for any break of the structure.Down should be the way overall for the pair.
Take care
Comment
4H Chart. Waiting for a the break of the flag.It could be ready this week, so watch thatComment
350 pips drop, should have more drop after some correction 
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