08.04.2024
The trend is descending. The currency pair is traded in the range between 365 and 135 ЕМА. The entry point at the pullback B and at truncated C is forming. The upward wave structure is truncated.
Trading idea:
Sell when the formation of the descending wave structure begins, when the wave A breaches the sloping channel of the ascending truncated wave structure.
Stop-Loss at 0.6020.
Target price levels at 0.59850 and 0.59616.
#nzdusd #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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