Wave-Trader
Short

NZDCAD short setup from structure top

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
3 months ago
I am look for short setup from top. I and couple of my traders took short on this pair couple of times and we are expecting still the same trade setup short from the top and stop loss outside the structure and if structure breaks up then the idea will be invalidated.

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3 months ago
Comment:
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3 months ago
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2 months ago
Comment: Triangle closing its ranges breakout coming soon. Here is the update.

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2 months ago
Comment:
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2 months ago
Comment: If do not breakdown this time look for sell from top. One thing is confirmed that we have ascending reversal channel formation on 4hrs and top is confirmed here is the update.

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fxfxfx
3 months ago
I have been waiting to SHORT the NZDxxx pairs for a while now.. Let's go! Thanks for sharing mate :)
+1 Reply
Wave-Trader TOP fxfxfx
3 months ago
Good Luck t0ma5
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Tptrillion
3 months ago
Great setup. I'd wait and give it more room above the 0.94570 or possibly hit the upper triangle line before shorting. Thanks for pointing out this setup wave-trader.
+1 Reply
Wave-Trader TOP Tptrillion
3 months ago
Yup Good Luck mate remember we are on almost all time top according to this chart data.
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Tptrillion Wave-Trader
3 months ago
Absolutely.
+1 Reply
IvanLabrie TOP
3 months ago
Hi, I'm curious about your wave count here. What are the labels (and method used)?
Cheers,
Ivan Labrie.
+1 Reply
Wave-Trader TOP IvanLabrie
3 months ago
Thanks for the feedback mate here is the labels. I was thinking everybody knows counting on Tradingview.

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Wave-Trader TOP IvanLabrie
3 months ago
Here is the reason why i am not expecting breakup.

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IvanLabrie TOP Wave-Trader
3 months ago
Yes, that is one big triangle. I ask mainly because the way people labels counts changes considerably. I'm holding longs now, just interesting to see what others are doing.
I'm sure others will appreciate the labeling.
Good luck!
+1 Reply
Wave-Trader TOP IvanLabrie
3 months ago
Thanks for the feedback mate and Good Luck with your long mate.
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Wave-Trader TOP IvanLabrie
3 months ago
Look at my other NZDCAD posts if still confused mate.
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IvanLabrie TOP Wave-Trader
3 months ago
It's clear to me, within my own framework, was mainly curious about the multiple trendlines, but no labels.
Let's see how it goes, cheers.
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StevenMilward
3 months ago
Whats your position on NZDUSD? You can see strong resistance on both Daily and Weekly. The pattern on daily should be a break above?
+1 Reply
Wave-Trader TOP StevenMilward
3 months ago
Keep selling from top and if you see any reversal sign on wedges line then close and wait for top again. remember dont look for buy. We gonna see breakdown of this wedge very soon.
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Wave-Trader TOP Wave-Trader
3 months ago
Here is th idea
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StevenMilward Wave-Trader
3 months ago
I was thinking this too! Thanks.
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StevenMilward Wave-Trader
3 months ago
We seem to have broken above on the daily. I'm short. Would you be worried right now or not? Its -4.1 for short swap though so i guess this means banks agree its going short?
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Fxtoronto PRO
3 months ago
Hey imran can this long be considered till the top
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Fxtoronto PRO Fxtoronto
3 months ago
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Shouldnt we expect an up leg before it comes down considering it a bullish continuation pattern?
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Wave-Trader TOP Fxtoronto
3 months ago
Please would you analyse your monthly, weekly and daily chart.
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Fxtoronto PRO Wave-Trader
3 months ago
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i see it now. my idea was to go long since we have a correction pattern along with the 4hr being oversold and sell from the top
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AbuSaja
3 months ago
Thanks
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Wave-Expert PRO
3 months ago
Hi, i just opened a position at very top !! If it falls down i will make approx of 40% profit !!
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itahirmasood
2 months ago
nice
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whtangsam PRO
2 months ago
so is it a clear breakup the top or just stop loss hunt? thanks
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