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Silver_hanz
Feb 3, 2018 9:30 PM

RESUMING UPWARD MOVEMENT Long

New Zealand Dollar / Canadian DollarFOREX.com

Description

WEAK PROJECTION OF A TREND RESULTED IN A COMPLEX PULL BACK, CONSISTING OF 3 WAVES 'A', 'B', 'C'. AFTER THE FORMATION OF 'C' WAVE THE TREND RESUMES TO THE UPWARD STATE AGAIN. TARGET WILL BE MIDWAY OF WAVE 'AB', SINCE THE TREND IS WEAK

Comment

TRY TO ENTER ON LOWER TIME FRAME LIKE THE DAILY CHART TO MINIMIZE STOP LOSS SO TO INCREASE PROFIT.
Comments
LonelyForexTrader
I got long entries at 0.888
Silver_hanz
@LonelyForexTrader, you might not see the continuation of bullish Ness this month because the previous month was extremely bullish but the trend is still to the up. I guess upward movement will be resumed again next month. Weakness might be found this month..
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