TAS
Long

NZDUSD ending corrective move

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
598 11 28
NZDUSD             ending corrective move. Waiting on confirmation to add after the blue dashed.
Question: "After the blue dashed" meaning anywhere from now, or should wait for correction at II ?
+1 Reply
TAS lio
that depends on your strategy. It might as well retrace as I expect it will. You will never (rarely) get a perfect entry, so trade safe with logical stops and targets. It can and probably do something like this
snapshot

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lio TAS
Noted, thank you!
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lio lio
I've just entered my trade when it broke up the correction of 3mn chart :)
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TAS lio
if you trade out of the 3 minute, this chart is not valid, you need a 3 minute setup chart
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lio TAS
I plan to enter then keep for longer term like your chart, does it make sense or should I correct my trade?
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TAS lio
I understand that, the probability of trading a 4H setup entering on the 3 minute chart is very low. Hope it turns out great for you.
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When do you think it will hit the 76 mark?
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TAS ton9
it will take at least two months
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A.K.A Tas your work is precious. Thanks for all ur charts. :)
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TAS salmanjaffary
Thanks man, it's great to read that.
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