anilmangal

NZDUSD another ending diagonal?

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
18883 47 386
Hi Guys, yes, this looks like another ending diagonal . Let's see how it goes. A sell at the top if it goes there would give nice R/R , if not I will wait for the buy.
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Trade with care
Thank you for your support.
Comment: hi Guys, price broke out of trend , let's see if it reverse for a sell or consolidate for a buy
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How about XAUUSD?
+5 Reply
How to add u on instant notification
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@Mondli357, I do not know either how to add to instant notification. Any clue????
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GWSamzel isabelsantosm1
@isabelsantosm1, right click on the chart and u can insert price alert. Is that what you guys meant?
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@Mondli357, you have to set your profile to get the notification when i post.
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Breaking down out of flag, target trendline c.6800
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bduncan57 bduncan57
@bduncan57, false breakout...
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So lets wait for some more clues and a flag and prepare a good short?
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could also be a leading diagonal or something else
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Very nice, thanks for sharing!
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Hi, take the position now?
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CallumMcNeill gannscalper
@gannscalper, That's what I'm thinking, not too sure where a good place to put the stops would be.
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gannscalper CallumMcNeill
@CallumMcNeill, i am in. Good Risc/Reward Ratio.
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CallumMcNeill gannscalper
@gannscalper, I agree. Going so far so good.
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gannscalper CallumMcNeill
@CallumMcNeill, hope he does not make a flag in m15. Needs to drop below 0.71070 to go short
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I am shorting, lets try it :)
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@anilmangal any update for this
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It's time to short 0.71288!
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Hi Anil, do you think its out of correction and in the up move now or still think its a correction for a final down impulse?
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Thank u
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Is there consolidation forming.. and is about to rally up? should we close SP and buy?
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Once the price drops below the top line (i.e., becomes a resistant) of the diagonal = Short. If it bounces off (i.e., becomes a support) the top line of the diagonal = long. For now wait, do not chase. In my opinion.
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First step, it needs to tank below .7119 on smaller TF, don't even think of shorting as it can still run up to .7240 or even higher! Patience, there are a long way down, once it decides to go...
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Then wait for bounce and make sure it doesn't bounce above .7135, and I meant to say above "don't even think of shorting it before it does"
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I expose myself and I try to say that closes the structure 0.6750

however do not take hasty decisions
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There is a micro perspective chart with an idea of what's going on. If it follows that path, wait for the bigger bounce and see that it loses momentom well short of the top, then short can be made with lesser risk.
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It needs to have 3 small waves up in wave iv, at least but even on this level we often see complex corrections. So far we have at least 2 but maybe even 3 although its very small, but seems like it, if it continues down - it is!
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It is happening guys, it is going down
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According to plan so far, you even M1 charts work OR that's where every move starts. Now I would like to see a pullback up to at least 0.382 fib and turn before I short, unless Kiwi give it all up without a fight that is.
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Thank you sir for sharing your beautiful Ideas they are really Educational
but if you dont mind sir can you please label them so that we will have an idea that which sub waves is it and it will be more educational
and thanks for addressing me the book Elliot wave Principle its really interesting and i finished its first Chapter , and almost memorized it
I Owe you sir thanks alot
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nzdusd selling zone
similar view here
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gannscalper karimforex
@karimforex, Looks promising how!
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price broke out of trend.. can we call this situation a throw over?
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sgwintrade Hyperview
@Hyperview, It is still on a downtrend.
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karimforex Hyperview
@Hyperview, on daily it could be a false break out
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Good
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Hi Anil I found a way to trade this and we can make profit even if we are wrong.
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@danielhu, how is that, can you tell me?
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Nice trade !
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Shorted the top
Entry Price 0.71205
Profit/Loss % +54.07%
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Anil, you rule, it seems as if you tell the market which direction to go ;)
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nice sell setup on the hourly. entered at 0.7094, thx Anil
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As usual very nice Anil, Thanks for sharing!
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Are you guys all in this trade over the weekend?
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rockynaser BrendanMullan
@BrendanMullan, i know I am
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The Weekly outlook link is posted in my profile
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