adamalafensh
Long

Elliot Wave analysis on NZDUSD 19/11/2016

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
37 0 0
This is a position trading setup :

Main Talking points:
- first bullish cycle at early stages.
-the pair at wave 2 (strong dollar in light of rate hikes by the fed - see futures on fed odds to hike rates up to the end of this year and ECB decision)
- we may say the pair pushed down further in the short term.

It is not recommended to set your stops tight in order to give the pair time to take its shape and talking off the level seen today.

Good luck lads,
any suggestions is more than welcome.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out