anilmangal
Long

EURNZD DON"T MISS THIS ONE

FX:EURNZD   Euro Fx/New Zealand Dollar
835 37 60
The EURNZD             is in a down trend (weekly,daily,240) it is now consolidating in a triangle which will break out of the down trend .the target is the top of weekly trend! The best thing about wave pattern is, it allows you to forecast the next move with a high probability . Let me know if you agree with this chart (like ) or if you disagree (comment) I am open to all views!
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moneymaking
2 years ago
Hey Anil, this looks like a good trade setup to me. Also lower-highs made earlier gives us extra bit of confidence to long this pair at breakout. Thanks for sharing and Good Luck :)
Reply
anilmangal TOP moneymaking
2 years ago
Thank you moneymaking !
+5 Reply
waheed.asghar.7
2 years ago
Well... At this point its not seem to have power to break upside
Reply
anilmangal TOP waheed.asghar.7
2 years ago
patience my friend :)
+3 Reply
Looks like 1 more wave down in wedge for 5th wave and then buy at bottom for early entry!
Reply
anilmangal TOP richard.hackett.779
2 years ago
Yes possible either a flat or wedge
+4 Reply
mac019
2 years ago
Ok, fantastic. Thank you
Reply
anilmangal TOP mac019
2 years ago
Thank you
+4 Reply
waheed.asghar.7
2 years ago
I think its time to enter ??
Reply
vkno422 PRO
2 years ago
Nice call, thank you. I am already up about 60 pips on that one :)
+2 Reply
anilmangal TOP vkno422
2 years ago
Thanks you Victor ,glad you got it !
+4 Reply
CherieF PRO
2 years ago
The EURNZD is going well for me Anil, I'm up 120 pips, Thanks!
Reply
anilmangal TOP CherieF
2 years ago
Great Cherie!!
+4 Reply
Lindsay PRO
2 years ago
Thanks Anil. I'm in this and positive.
+1 Reply
anilmangal TOP Lindsay
2 years ago
nice ! well done Lindsay
+4 Reply
Jamesb
2 years ago
Thanks Anil, would have gotten out of this trade when I was negative, but your analysis helped me to stay in. Now I'm very happy in plus.
+1 Reply
anilmangal TOP Jamesb
2 years ago
hey James always gald to help
+4 Reply
tcas
2 years ago
Great job! Unfortunately I'm not in the position because I'm in buying gbpnzd some days.
Reply
anilmangal TOP tcas
2 years ago
Spasibo Mikhail.
+4 Reply
Les.C
2 years ago
Hi Anil, Looks like a great trade - I've been away for a while and have some catching up to do - wish I had seen this sooner
Reply
anilmangal TOP Les.C
2 years ago
no prob Les ,lots more to come
+3 Reply
moneymaking
2 years ago
Hey Anil, have you already entered a long position or you still waiting?
Reply
Price action broke out of the triangle but then retraced and now looks like a shallow channel to the upside on EURNZD.
Reply
anilmangal TOP richard.hackett.779
2 years ago
looks like a break out and pullback
+4 Reply
SusanFeret
2 years ago