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.

Like and comment if you agree.!
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.

_VincentP_ Piet.Hein
Looks like it'll touch your trend line a bit lower. Still seems like a good place to short.
Yes i still think it's a good short trade.. If you enter now you will have a great risk reward ratio..
Piet.Hein Fxprotrader
Yes, great RR
Piet.Hein _VincentP_
Im still with my sell limit at 0.6840, updating everyday to the trendline ceiling of the current price. Today almost was triggered
Nice patterns waiting there.. Let's see if they complete..
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out