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Aqua_Trader
Sep 28, 2017 8:39 PM

NZD/USD - CONSOLIDATION BEFORE FURTHER DOWNSIDE Short

New Zealand Dollar/U.S. DollarFXCM

Description

Experimenting a little bit with the Line chart. I believe it gives a clearer picture of the overall view so hopefully I was able to demonstrate just that. As indicated on the chart we're probably in a Zig-Zag correction still and we're in the Final C leg of the formation. Therefore for now I expect some more consolidation before the pair moves even lower.

Trade safe and implement your own due diligence before entering a trade.

Comment

successful breakout...waiting for a retest before joining in
Comments
DAVID_GIRALDO
very nice!
Aqua_Trader
@DAVID_GIRALDO, gracias :)
corsicasia
j'ai deja ma target longterm en idée,que j'ai coupe ici une parie ou entiere...d'ailleurs je dervais refare un post court terme,cr c'est clair,le Nzdusd s'enflamme grace au dollars fragile et a quelques matieres premieres ,mais avecla rbnz qui etait dovish il nous donne juste un meilleur point d'entrée pour empocher plus de $$$

Good idea,and sure it will works
Aqua_Trader
@corsicasia, oui je suis daccorde...on verra
Muzoeph
Different approach! but both Elliot waves analysis n' our prices are also ending at about the same price zone!...
Aqua_Trader
@Muzoeph, the beauty of Elliot waves ;)
Muzoeph
@SN_Doumet, indeed!
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