FX:NZDUSD   New Zealand Dollar/U.S. Dollar
1016 6 69
The 15 pattern did not break out so my trade was not triggered but I am still looking to buy the break out of this ending diagonal pattern.
I WILL WAIT FOR THE STRUCTURE TO COMPLETE AND BREAK OUT BEFORE THE BUY!
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as I said yesterday on the 15 min chart. New Zealand economic data do not allow for growth. The next time you have to take into account. I think that quietly break through major support at 0.72 and then further declines. This currency pair in the long term we play for a short time, because New Zealand bank may lower interest.
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Maybe it is ending but it doesn't look like diagonal.
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sell kiwi
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Do you think we get a structural change on this pair or are you still looking for the buy?
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Anil do you still buying the break out ? Regarding the webinar (thanks a lot I have learned a lot ;-)) Could we consider the actual move like an impulse means fast move on price axis and eventually an end of the correction movement ? Regards
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down move?
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