RedStaR

NZD/USD: The 3 month forecast

FX:NZDUSD   纽元/美元
1
Pair looks to have completed what seems to be an arbitrary harmonic pattern based on fibonacci ratios. If anything, it seems like a perfect Gartley if it weren't for the 50% retracement on XB instead of the usual 61.8%.

Nevertheless, this is also confirmed by the RSI(14), where previous historical data show that a break above the 70 mark was a strong bearish signal that should be noticed.

Most likely, bears will not move too far down, where a bigger bat pattern would most likely complete on the upper trendline by the end of this year. The 38.2% level seems like a reasonable target for correction, which is also confluent with a previous resistance line.

Set your entries and exists accordingly, buy on breaks and sell at pattern completions.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。