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anilmangal
May 18, 2016 10:21 AM

NZDUSD in a triangle.  

New Zealand Dollar/U.S. DollarFXCM

Description

The NZDUSD is in a corrective structure (looks like a triangle) which could break both ways, the down side is what I am interested in and will be selling the breakout.

Trade with care.
Thank you for your support.


youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos

The two latest videos are must watch !

Comment

Comments
onjunza
Thank Anil
missmatch
Thank you, amazing.
lukelehepuu
Great chart! :) I am also seeing something somewhat similar, but looking for a break to the upside :D
yiyuanxy555
Thanks Anil and nice chart, I just got out of my short position @ 0.67665 which opened two days ago, it almost kills me
Dariusuy
Spasiva
Heelfan23
Hello Anil!! Looks like there could be a very nice long opportunity setting up on EURNZD.
anilmangal
Still in consolidation, let's see.
vsanghishetty_ewaves
Hi Anil,

I believe there is a good chance of Flat correction on it's way.

nxtleveltrader
Hi Anil, would you say this trade is still in play and that a good confirmation would be a kiss good bye of the trendline that ive marked on this chart? Say if an hourly or 4 hourly candle meets and then closes below the trendline? Thanks for the very informative posts!

anilmangal
I posted an update
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