thanks for the clarification
by Anthony L, February 13, 2021
by Anthony Lyle February 13, 2021
It looks like NzdUsd is coming to the end of a contracting triangle, this is the black ((B)) wave of a ZigZag
It will be best to wait for the blue (B) to (D) trend line to be broken before entering,
Risk Reward 2.79. Use a smaller than normal lot size as this trade is against the main trend. use stop loss moving to B/E once price breaks blow wave ((A))
Market not reaching target its also possible for price to extend further to 50 or 61.8 fibs
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