Fxprotrader
Short

NZDUSD Five Wave Corrective Pattern Completion

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Price is moving in a corrective structure having completed a five wave pattern. That's a very good level to go short. Stoploss should be placed just above the previous high which is the beggining of the impulsive move to the down.

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FxSaint
a year ago
NzdUsd - Two Patterns
+1 Reply
Fxprotrader PRO FxSaint
a year ago
Nice patterns waiting there.. Let's see if they complete..
Reply
Piet.Hein
a year ago
Nice chart, I do agree with you, this is a good opportunity to go short. But as Im a swing trader Im waiting to sell at better levels. I will take any spike to the 0.69 to sell, 0.6850 or around looks good enough.

Let
Reply
_VincentP_ Piet.Hein
a year ago
Looks like it'll touch your trend line a bit lower. Still seems like a good place to short.
Reply
Fxprotrader PRO _VincentP_
a year ago
Yes i still think it's a good short trade.. If you enter now you will have a great risk reward ratio..
Reply
Piet.Hein Fxprotrader
a year ago
Yes, great RR
Reply
Piet.Hein _VincentP_
a year ago
Im still with my sell limit at 0.6840, updating everyday to the trendline ceiling of the current price. Today almost was triggered
Reply
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