Hello everyone we have two possible patterns on this pair i would like to share. Also we closed over 3000pips so we are up 6000 pips for the month of september. You can check our posts below which have been attached. However first i would like share my views on EURNZD and why i think we have a very strong chance of breaking the pattern being formed at the moment which would be a descending triangle into a flat top expanding triangle. Please check the attached charts
Also we have done a wave count which does nothing but makes everything confusing for someone who is just starting how to look at the waves and shy's away from the elliot wave theory.
Both ways are very efficient if used properly. However saying that, i still choose to focus on the patterns then to do an in depth wave count as it works better for me.
Check the attached charts and PM if you have any questions regarding our strategy. Cheers Ax.
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Just as predicted.
Trade closed: target reached
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Perfect count
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guys 1000+ pips on this setup so far.
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wait for the next eurnzd post. Gonna be another huge trade