DmitryZZZ
Long

NZDUSD weekly forecast, bullish market

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
46 views
2
46 0
Daily
So healthy uptrend begun in October
Sellers pressure still low but now price in correction. Looks like pullback


4H
Slight downward correction in uptrend move.
Need to wait for exhasion candles and trend continuation candles


1H
Downtrend that become weaker - counter trend and signs of correction
On Momentum no LL and LH - slight divergence.

I expect testing of level 0.67500 and bullish bouncing up to 0.68000

I will open LONG
entry 67400-67500

SL 0.67200
TP 0.68000 and can go futrher to 69000


Nov 27
Trade active: It resembles what I expected
However i assume additional decline to 0/67400 level as 2nd check of level of uncertainty.
And then bullish market
Dec 08
Trade closed: target reached: +527 PIPS
Looks like 5 elliot waves formation is finished.
Now we are in ABC correction zone.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out