NZD/USD reversal area and its target

2015년 11월 25일

Based on the market geometry that I see, a reverse is expected at 0.6590 with a target lower than 0.6510. As soon as the reverse begins, I will sell and will see for how long price can hold to the current shape in order to reach the target or not. If the price jumps up higher than 0.6590 and uses that price level to go higher, I for sure will change my idea and buy the market.