fstrader1
Short

NZDUSD - Sell setup after retest...

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
6 months ago
I am expecting a retest of the lower line of the corrective wave pattern after breakout, and then a continuation of the bearish trend after the retest. Place sell after confirmation of retest is completed. Use your own proven strategies and place stops above corrective wave pattern. Trade carefully.
5 months ago
Comment: I think the corrective wave pattern has extended itself into a expanding triangle. So short sell setup is still legitimate if the pattern is completed, as this is a trend contination pattern. But, if I get a break and close above the upper trend line of pattern, my idea is invalidated.

snapshot
5 months ago
Comment: The corrective wave pattern has not broken yet, so wait until pair reaches upper trendline of the previous correction and then sell. As always trade carefully.

snapshot
5 months ago
Comment: Trade is playing out nicely here. You may wish to take advantage of sell opportunity presented here. Trade safely.

snapshot
5 months ago
Comment: Trade still playing out the short. Here is an updated drawing of the pair. Enjoy. Trade carefully.

snapshot
Wave-Trader PRO
5 months ago
Amazing sir lets lets see if it breaks up or continue for bearish impulse. thanks for the update.
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fstrader1 PRO Wave-Trader
5 months ago
Thank you. I appreciate your input.
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fstrader1 PRO
5 months ago
Here is my latest idea regarding this pair...
snapshot
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fstrader1 PRO
5 months ago
Here is a better picture of my idea for the pair....
snapshot
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