SHORT then LONG for NZD/USD

One of the scenarious for this pair is to go down a bit and then to attempt to rise as high as possible up to the trendline.
If you are planning to open long positions, wait for a deeper retracement (some of you may even attempt to sell).
After that ready the gun to strike up.

Yorum:

There is a chance the terminal pattern in wave C position is being formed which might move the pair significantly down.