ridethepig | NZD Price Dissection [Live]

As we approach the 0.660x handle it is time to take profits from our shorts, well done those following from the entire process from the previous diagrams:

https://www.tradingview.com/chart/NZDUSD/agWgI6pj-ridethepig-NZD-Retail-Sales-Flow/

https://www.tradingview.com/chart/NZDUSD/9heF41o3-ridethepig-NZD-Market-Commentary-2020-01-16/

https://www.tradingview.com/chart/NZDUSD/o4Qhrh4M-ridethepig-NZD-Market-Commentary-2020-01-17/

All of this is taking place while inside the Macro swing:

https://www.tradingview.com/chart/NZDUSD/vw03AEHb-ridethepig-NZD-2020-Macro-Map/

The radius of our flows has been secure in a wide territory. This could also be considered a base formation in a sense of the word. The major play is to the topside for 1H20 as Dollar devaluation is the underlying theme. A lack of space prevented us from reaching all the way to the topside in the macro target, so we had to briefly pause for a few zig-zag range trading formations. This is a superb live example of trading fast flows and forcing short-term moves.

Good luck all those positioning in NZDUSD for the coming weeks, I hope these short-term charts have proven helpful.