glennmercer
Long

EURNZD Wave Count: Long Opportunity Coming

FX:EURNZD   Euro Fx/New Zealand Dollar
Hey traders! EURNZD             is in the midst of a short term abc zig-zag correction and is nearing a level of potential reversal. I have a tight stop semi-conservatively beyond the pinbar support and invalidation level adding to the probability of success. If price drops below pinbar , we have to recount and reconsider our long position. More updates to come!
Trade active: Trade is active and order is filled!
snapshot
Comment: Nice bounce! Stop moved to B/E after a gain of about 50 pips:

snapshot
is this still valid?
Reply
Yes, trade is still valid. Cheers
Reply
Thank you for this excellent charting and advice!
+1 Reply
Thanks Smiley! Happy to provide
Reply
I wish I followed you long before, very easy to analyze your ideas and conclusion so far is spot on.
+1 Reply
Thanks NRB, happy to have you on board
Reply
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