Fxprotrader
Long

EURNZD A Big Upmove Is Coming

FX:EURNZD   Euro / New Zealand Dollar
596 5 22
Since September EURNZD             has been in a correction after an impulsive upmove and although we may still have plenty sell opportunities our main view should be up. Price has already completed wave A and B of an ABC corrective pattern with wave C still forming. In this corrective structure we have two pending harmonics completing at the same level. A bullish AB=CD and a bullish bat pattern. I suppose if price reaches at this level we should have a reversal, and it will be a huge one.

On Wednesday i will host a webinar where i will show you how to identify harmonic patterns and how to trade them the right way. Register using the link below:

https://attendee.gotowebinar.com/register/1446690496367655170

Like the idea, but stop lose too wide....
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I won't trade this only because we may have the completion of the pattern. To me the D point actually is a buy zone. So if i find a bullish setup after the completion it should be with a smaller stoploss..
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Mrsaini Fxprotrader
Well, that's the way to trade harmonic patterns. Would you mind sharing your trade when price comes to the zone please...:)
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Many many thanks sir!
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You are welcome mate :)
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