tntsunrise
Short

NZDUSD TOP FORMED What's next?

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
8234 51 195
7 months ago
NZDUSD             TOP FORMED
What's next?

We see a very nice doulbe top formed
and a LIBRA Pattern + 0.618 pull back is expected.
I will be a seller when NZD pulls back to 0.7227

TP1:0.7068
TP2: 0.6700
7 months ago
Trade active:
snapshot


SHORTED AT 0.7182
Join Projack's Student Group, Learn How to Trade Professionally.
http://www.harmonicasia.com/index/course.html
Youtube:
https://www.youtube.com/playlist?list=PLN0GYK-_EO5Z3Xzp6Sk1bmfzckpkJ5NCx
FB: https://www.facebook.com/groups/projacksg/
nima.khan
7 months ago
i totally agree:
see updates
fake breaking of strong resistance
Reply
den_
7 months ago
Thank you Jack for your trade insights!
+1 Reply
LongBreak
7 months ago
interesting idea ..
+1 Reply
bunah2
7 months ago
agree
+1 Reply
watsonzou26
7 months ago
Thanks for sharing, Jack!
+1 Reply
brandonrietra
7 months ago
Thank you for sharing!
+1 Reply
Gambit24
7 months ago
If it breaks .70686 before getting back to .72?
+1 Reply
mdwarden5
7 months ago
where's the stop?
Reply
Jim777 PRO
7 months ago
Jack, thanks for sharing. I just started following you. Great posts. Will you sell at that price or watch price action at that price?. Where will stop be?. I could put in sell and a buy stop now in case we hit entry price while I am sleeping.
Reply
Jim777 PRO
7 months ago
If price goes lower will you still be selling @6.18 retracement
Reply
FXJakovskii
7 months ago
So bad
+1 Reply
StevenMilward FXJakovskii
7 months ago
lol. you should have waited for a pullback...
Reply
SUNJUPMER PRO
7 months ago
JAck any comments on this trade please? or you have closed it?
Reply
lupino
7 months ago
Exactly Mr tntsunrise,
Reply
kmk.msp
7 months ago
I think shorted here is a great opportunity if rbnz cut the rate too next week.
Reply
Dguaman
7 months ago
Same TG1 AND TG2?
Reply
Dguaman Dguaman
7 months ago
SL? .. thanks Sir
Reply
Vinnz
7 months ago
at least 78.6%
Reply
HermanBrummer PRO
7 months ago
I am not sure I understand why you entered a short now. It is not at your 0.618 fib target yet. Could you kindly explain why?
Thank you.

Regards.
HB
Reply
nahidik PRO HermanBrummer
7 months ago
The original .618 was based on where the retracement was anticipated to start. Price disrespected this level so you have to fib the entire move which moved the .618 down. That is my take on it anyway.
Reply
tntsunrise TOP nahidik
7 months ago
u are absolutely right
Reply
alanprotrader tntsunrise
7 months ago
hold the shorts? i shorted in 0.7170
Reply
alanprotrader alanprotrader
7 months ago
and shorted again in 0.7180
Reply
HermanBrummer PRO nahidik
7 months ago
I see. Thank you nahidik
Reply
yeocs93
7 months ago
Why did you short at 0.7182 when you previously state entry at 0.7227?
Reply
tntsunrise TOP yeocs93
7 months ago
SEE THE CAHRT. COZ THE FIB 0.618 CHANGD.
+1 Reply
yeocs93 tntsunrise
7 months ago
Is it advisable to scale in at FIB 0.786?
Reply
tntsunrise TOP yeocs93
7 months ago
also can
Reply
HermanBrummer PRO tntsunrise
7 months ago
Thank you Jack
Reply
watsonzou26
7 months ago
Thanks for updating, Jack. So your trading was just based on Fib 0. 618 this time? I am confused here.
Reply
tntsunrise TOP watsonzou26
7 months ago
doulbe top plus 0.618
Reply
watsonzou26 tntsunrise
7 months ago
Many thanks for your response,Jack.
Reply
alanprotrader tntsunrise
7 months ago
still holding my shorts, up movement finished and start the down movement?
Reply
Rocketman PRO
7 months ago
It looks like we have the same idea.
Reply
Rocketman PRO
7 months ago
NZDUSD: As Scary As It Looks
Reply
leiliu99 Rocketman
7 months ago
any thought on where to put SL? Thank you
+2 Reply
artwiz
6 months ago
Hi Jack, any new thoughts or you keep the position?
Reply
chhabrakaran37
6 months ago
anyone holding position?
+1 Reply
ArtFly chhabrakaran37
6 months ago
I hold the position but I'm loseing my confidence . SL 73
Reply
chhabrakaran37 ArtFly
6 months ago
i just hope we dont touch 73. This is was the first time i took a trade with jack :-(
+1 Reply
chhabrakaran37
6 months ago
anyone holding position?
+1 Reply
Dps chhabrakaran37
6 months ago
yes..i'm holding it..
Reply
kevinkek
6 months ago
Hi Jack, may I know where should I set my take profit for this pair? Thanks!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out