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Wave-Trader
Jul 23, 2017 1:03 PM

NZDUSD Watch top for short  Short

New Zealand Dollar/U.S. DollarFXCM

Description

Hi fellows, This pair is about to form new high. Watch top for price action for short.

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This pair forming new multi year high. Watch for TCP formation. Here is the update.

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Watch for breakout now. We have the TCP completion watch for breakout.

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This is just an example how we look at the chart for entry before the breakout. So any one looking breakout and sell on breakout they should understand that they missed the first boat so pattern may change on breakout.

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Comments
urien300
It's fun as any guy that posts can draw different lines on chart, it's just a matter of mindset. I can draw other ten different lines in this chart!
Wave-Trader
@urien300, i think you got your answer from the market my friend.
HongYap
How Long do u plan to keep ur view on this nzdusd short? It's obvious it's will keep going up..
Wave-Trader
@HongYap, i hope you caught the top
HongYap
@Wave-Trader, so u mean 0.7550 is the TOP?
Mobi0007
Heads Off sir, you are really genius.... really Appreciable...
Wave-Trader
@Mobi0007, cheers mate
DanAskew
Do you fear that GBP/USD, EUR/USD and NZD/USD etc are all actually breaking out of the range and moving into up trends?

Everyone seems convinced these are all about to fall over, however USA isn't looking good and people are obsessed with Trump not data, could blindside people if these ranges don't hold and all switch to up trends.
Wave-Trader
@DanAskew, We are still in down trend for longer term
jangseohee
I would think that a spike up is possible during FOMC and then it reverse,
so far, there is no clear daily signal tell me to short
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