Price action started watching closely this pair.
Reversal channel forming on 1 hrs time frame breakdown of this channel possible any time soon.
Solid rejection from top. If price does not breakdown this time of this ascending channel then sell again from top here is the update.
Watching for further sell
It seems to me that the big wave we were looking from the top has begun and breaking the monthly flag currently playing under the monthly trend line and i hope this time price gonna continue. We were selling NZDUSD all the way from top and this pair still has huge potential to the downside here is the update fellows.
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RSI, Pattern, trendline all of them indicates it to sell !! I will be using high leverage and stop loss at just -25 pips above trend line, and as soon as I will get in profit, I will put it to break even !! Today did this breakeven thing + shorter time frame entry, managed to make $180 just on USDMXN, profit still getting big on the same pair !!!
Thank you very much for your time and generosity. Will you advice to take trade on a lower time frame? For instance, on NZDUSD I enter @ 0.74511 at One-hour time frame. Or I should have waited for H4 to give price action?
I dont know what you are doing,maybe this way is easier for you to understand,watching Anli's charts.But dont rob him for God's sake,right here on tradingview,in front of his eyes.
Or maybe,you have his permision.
I think it will not take much time my friend if you go and search my profile and look out there how i trade and analyse. we use classical chart patterns and wave analysis. We dont need to copy anything many people copy our analysis we dont mind. if two good traders think in the same way then it does not mean both copying each other. Hope this will help you mate Before putting any negative comments think that what you are doing.
Mangal is just marketise himself, 1st he said 95 % confirm setup and don't wait to enter then in the next webinar he said n still waiting for bearish flag.. He is just making people fool... Furthermore he claimes that he enhanced EW,,, lol