Fxprotrader
Long

NZDUSD Five Wave Corrective Structure Completed

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
NZDUSD             is still in a corrective structure having completed a five wave pattern. Price is heading up having broken a short term resistance level and having already retested it. I truly believe that price will reach the resistnace of the corrctive structure and it has a great chance to break it. I won't aim for profit targets above that resistance level though.

Stoploss and profit targets as shown at the chart. Having pocketed profit from the first trade we move stoploss to breakeven to the second one.

Like and comment if you agree,
John
Website: http://clivityfx.com/
FREE Trading Channel: https://t.me/clivityfx/
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out