Akil_Stokes
Short

NZDUSD: 2618/Structure Short Part 2

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Just checked in on the Kiwi this morning & price action has made it's way back to retest the double top . I'm now currently short looking for a move lower.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
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Trade active
Comment: HHHC on the hourly, I'm now expecting a loss on this Trade
Trade closed: stop reached

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Any chance to reopen this trade as you can see NZDUSD is on a decline and AUDNZD is on a trend to 1.1230
+1 Reply
Not based off the previous analysis, only on a new valid signal.
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NZDUSD be bullish !!! Good luck bears
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Hey Akil sorry about the loss this will be making my attempt at a short on this pair @ 0.7290
i see you had a nice trade on USD/CAD this morning Great work on that one
+1 Reply
Akil_Stokes PRO Elvis.Deonarine
No need to be sorry. Losses are a big part of this business. Plus the way i see it, is that each loss brings me closer to the next win! (and vice versa, but that's not as positive ;-))
+1 Reply
Elvis.Deonarine Akil_Stokes
well said
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Hey Akil, i have a question, in that trade you had an 2ATR stop or Structural stop?
Thanks !
+1 Reply
Both, above the dB structure by use of the atr
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USD personal income reported 0.2% vs. .3% expected basically rocketed that large candlestick above double-top resistance. Otherwise, quite the picture-esque 2618 setup.
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loss on the 2618, however i think theres a bearish butterfly pattern
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