vlad.adrian
Long

NZDUSD - Double bottom at weekly support

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
356 10 7
Weekly chart here
snapshot
.

The daily chart shows a double bottom with a false breakout at the important support level highlighted in the weekly chart.

First target at 0.80, but if dollar weakness will be greater than anticipated by everyone, we can look at 0.84.
Teacher, it all depends on whether the greenback has meet heavy resistance :-)
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Class A divergence!
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class B
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jangseohee vlad.adrian
scratching my head?? Histogram going higher, MACD going higher aint it, why still B?
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Looks like someone didn't read the link I sent on divergences a while back
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jangseohee vlad.adrian
Sorry, i will read again, knock knock my head :-)
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http://www.investopedia.com/articles/trading/04/012804.asp
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I am still short this pair.
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vlad.adrian PRO ZenMasterFX
We can't all have the same trade right? :)
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25.11.2014
snapshot
closed out, impulse is red, and it looks like it started to fall again.
Did not take profits at targets and a good trade turned to break even
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