WavePriniciple - High TF having Weakness on NZDUSD for lower T. Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jun 9, 2021 8:44 AM

0.74666 below,
extended wave (Y) = 100% of (W)
expected T1 at 067909
Retracement 50% at T2- 0.66043 and,
61.8% at T3- 064007 of Wave (2).

Risk & Reward = 1:3.5

Let's move on 4hrs timeframe to get closer to trading levels.

Comments

FocusWithin

⋅ Jun 10, 2021 5:18 AM

why no subwave count of wave 1 available on daily timeframe if 3 and 5 can be provided ?

MarketMakerTraders

⋅ Jun 9, 2021 3:52 PM

Looks Good

yoo_ad_51

⋅ Jun 9, 2021 8:51 AM

thank you very much
Your analysis is strong

Trade-Technique

⋅ Jun 9, 2021 8:53 AM

@yoo_ad_51, Thanks for comment.

Mihai_Iacob

⋅ Jun 9, 2021 8:47 AM

Awesem post!

Trade-Technique

⋅ Jun 9, 2021 8:48 AM

@OptimoomFX, Thanks for commenting, shortly I will update here 30min and 4hrs chart for determining exact entry and exit with target numbers.

ofa

⋅ Jun 9, 2021 9:31 AM

@Kinnari_Prajapati, Looking forward to it ! thanks