Hey traders! Corrective structure on NZDUSD is giving us some great pattern trades. I want to buy this bat toward .786 fib. There are two more targets above, one at A=C and another at a potential butterfly completion level. Updates to come, happy trading
Trade closed manually:
Hey traders, closing this one manually. I wanted to see a nice bullish impulse, but we're seeing some corrective structure. Nevertheless, I will be taking an 11 pip profit and moving on. Cheers
Hi Glenn, Long time !
For the NZDUSD, i think i will continue to go down, because it has a big momentum On the daily, 8hours, 4 hours and 30 mins( TFs, I trade on). In the 15mins it will finish it's retracement on 0.71338. From that point I will fetch the best entry for a short.