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[QUOTE="riki143, post: 130351, member: 29499"] [B]NZD/USD: KIWI VOTES FOR THE CORRECTION[/B] 06:11 20.06.2017 Recommendation: SELL 0,72 SL 0,7145 TP1 0,7085 TP2 0,701 On the NZD/USD daily chart, target 88.6% of the inverted Shark pattern has been achieved. At the present moment, there is a risk of a pullback towards 38.2%, 50% and 61.8% levels of the CD wave as part of the transformation of the Shark pattern into the pattern 5-0. To restore the uptrend, the Bulls need to update the June high. [IMG]https://fbs.com/img/articles/1701/1497940177-5dd8ed7651319b1e57d14728d724c161_1200x1200_q90.png[/IMG] On the NZD/USD hourly chart, a reversal pattern 1-2-3 and a triangle were formed. A break of the diagonal support near 0.72 will create the prerequisites for the correction towards 0.7085 (target 88.6% of the Bat pattern) or lower. [IMG]https://fbs.com/img/articles/1701/1497940203-fb5c81ed3a220004b71069645f112867_1200x1200_q90.png[/IMG] More: [URL]https://fbs.com/analytics/articles/nzd_usd%3a_kiwi_votes_for_the_correction_1701[/URL] [/QUOTE]
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