• Vasily Trader

NZDUSD: Potential Harmonic Movement (Trading Plan)

NZDUSD is forming a potential abcd pattern .

the completion point matches perfectly with a horizontal daily structure and fib.retracement/extension of the last legs of a move.

I will look for a confirmation on a lower timeframe next week to short the pair and catch a pullback.

be prepared for a bearish reaction from the underlined zone.

I will post the update during next week if I see a good entry reason.