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Wave-Trader
Sep 16, 2017 4:54 PM

NZDUSD Sell from top  Short

New Zealand Dollar/U.S. DollarFXCM

Description

Hi fellows, This pair still in downtrend and forming daily Trend Continuation pattern as i have explained in the weekly market outlook. Look for sell from top and watch bottom for breakdown. If we see breakdown then this pair can test the bottom again. Good Luck.

Comment

Watch top for short fellows.

Comment

Those fellows are already in from top look for continuation to the downside those are not in please wait for the price to test the top and then look for sell. I am looking for multiple test of the top before bearish trend resumption.

Comment

If not in dont worry it has not gone far away. Wait and watch for this the TCP and then look for sell. Almost all USD pairs are pricing in ahead of FED.

Comment

Perfect, here we got another chance for sell it again. so those fellows were not in yesterday you have chance to go for short on it again. Remember this is not the only trade you are taking so use reasonable risk dont put all your risk on a single trade treat every single trade as a normal trade. Here is the update Good luck fellows.

Comment

Look for this daily breakdown. You should be in the market from the high as we have explained in the weekly market outlook. if not in then look for TCP on lower time frame.

Comment

Amazing daily breakout now watch for breakdown or change in pattern formation

Comment

Watch breakout and specially watch previous bottom after breakout if continue then ok if do not continue then we may see change in pattern formation.
Comments
twitterfx8
This is a buy. Dont short please. It is a wave 3 start
Forexian
Sir isn't it better to draw those lines like this?
Forexian
NZD made me so confused, thanks for the update, now I get it
Butterfly_Effect
NOW... Downside ?
Wave-Trader
@Butterfly_Effect, Yes it is bearish but now it is not at sell place.
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