NZDUSD big reversal inbound? (weekly)

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD             looks like it is setting up for a big trend reversal with 250-615 pips target.

Everything should be clear from the chart, if you have questions/suggestions please do comment!

Regards, Doge

Still in it, I don't move my stop till the first target is hit so see how we go
DogeBuffet dionvuletich
Okay, I'll rebuy lower now most likely.
IvanLabrie DogeBuffet
I'm waiting for a reason to go short, right now we're in the middle of a complex correction. Surprisingly the FOMC meeting only caused price to head back down to support.
dionvuletich dionvuletich
thats just my rules and how I do it, I am not particularly fond of Cyphers, from my testing they are only 55% accurate based on my entry/ exit rules with an average R:R of 1.46 - Expectancy 0.36, there are better patterns out there imo
IvanLabrie dionvuletich
As long as your reward's higher than risk, you'll be fine :D Feel like I'm invading Doge's chart haha (he's a friend of mine, and a great price action trader)
hope so, I'm long...! weekly cypher pattern, 1st target 0.8050 2nd target ~0.83
+1 Reply
DogeBuffet dionvuletich
So am I! Should be a good trade.
DogeBuffet dionvuletich
Got stopped out with small profit! I hope you did okay as well?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out