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SteveNixon
Mar 19, 2017 7:29 PM

Looks like a long set up before a large correction Long

Australian Dollar/New Zealand DollarFXCM

Description

We have a long set up presenting on the 240 timescale. It might not be a huge move but it still worth 200 pips. It could also bomb through the trend line.
Watch for a deep correction sometime over the next week or so.

All forecasts will be updated as they develop - remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

Comment

Looks like we're getting a deeper correction - I'm still looking for a long entry set up

Comment

We've had a nice break up - wait for a correction of this move to get long

Comment

We're currently in the correction I called yesterday - the trick now is to successfully open a long trade - i think it will go down a bit more before it will be ready to enter.

Comment

This correction could go deeper but watch for a long set up
Comments
yatinsardana
I've just come across yourself in the last day on trading view and I just wanted to say You sound very sensible in your approach and ideas. I like your analysis. I haven't quite seen how accurate they are but I like your way of thinking and I just thought I'd say that
SteveNixon
@yatinsardana, Thank you. If you go through my charts you'll see I do pretty well.
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