Fxprotrader
Short

NZDUSD: Two Many Reasons To Go Short

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Triple top, slide parallel of a median line and the 1.27 extention of a previous impulsive wave all meet in a level where price looks like is being rejected. A RSI beaish divergence shows that this upmove may have come to end.

Like and follow for updates..
Trade closed: target reached: Move your stoploss at BE to second position. I expect this pair to sell off so it would be a nice idea if to trail your second position and let your profits run as far as it goes. I will try to manage it here in this chart and keep you updated.
Comment: Second setup closed as price reached stoploss at breakeven (breakeven is always fine :)
Comment: I just saw the title of this post and my jaw dropped.. I meant to write "Too many..." and not "Two many.."
English is not my native language but this a funny mistake.
SHORT, let's see :)
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Agree bro, have not triggered yet though :(
NU (4h) -  Short
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thank for your comment , . short at 0.7339. When should I leave market?
your further comment is highly appreciated.
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Fxprotrader happyluckydog
You may aim for profit as the profit targets in the chart. Another option is to trail your stoploss.
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happyluckydog Fxprotrader
great , thanks. 1st target :0.72161, the green zone. correct?
thanks again.
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maxplan007 happyluckydog
agin
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Fxprotrader maxplan007
What is agin?
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fxfxfx Fxprotrader
it is either "again" or "aging" :P
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:)
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maxplan007 Fxprotrader
snapshot
Bat point of C
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Fxprotrader maxplan007
You can't be sure about that.. It might rallies more and exceed A point. Thanks for sharing :)
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NZD is a beast.. break even in this one but closer to the second target in EURNZD short!
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Breakeven means no loss, which is the first thing we should have in mind. Yes EURNZD goes fine :)
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Dear Fxprotrader, I was wondering why did you chose that particular Take Profit level? It was an exceptional accuracy. Thank you
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You probably mean the first target, as the second stopped at breakeven. I always choose my profit targets based on structure..
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Don't worry. It's cute:)
Thanks for the post.
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Fxprotrader Sapphira
You are welcome :)
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hahaha
that OK for the english
thank you for the predict.
+1 Reply
it's a perfect set up in every way.
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You know something I teach English and I didn't catch that, Ha!
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Fxprotrader kidbroge
Haha, thank you..!
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