NZDUSD : MN1 Consolidation in Heavy MN3 bearish pressure.
Updated
Hello,
Here is the situation of the NZDUSD.
Very interesting configuration when the market will break down.
Violent MN3 Down Move followed by consolidation.
MN3 Orange Consolidation Down-broken by engulfing candle.
Now market is consolidating on MN1 timeframe.
We wait for the MN1 Blue consolidation Down-broken.
Target are in RED.
Regards.
Here is the situation of the NZDUSD.
Very interesting configuration when the market will break down.
Violent MN3 Down Move followed by consolidation.
MN3 Orange Consolidation Down-broken by engulfing candle.
Now market is consolidating on MN1 timeframe.
We wait for the MN1 Blue consolidation Down-broken.
Target are in RED.
Regards.
Note
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