IvanLabrie
Short

NZDUSD: Short before NFP

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
413 11 10
There is a strong downtrend in this pair, and I consider it highly probable to see a new move down, completing the 1.618 extension of the last swing, which also matches an AB=CD proportion from the first swing down to the mode of the downtrend (most frequent price or accepted 'fair' value, based on Tim West's approach).

The signal is clear so I will set my orders the following way:
-Sell stop order under the previous daily low
-3 Limit sells at 0.751, 0.752 and 0.753 in order to capture the retracement high if any.
-Order size is picked based on having a 2.5% loss if all stops get triggered.

Good luck!
Is this one still valid?
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IvanLabrie Yahia.Awes


Weekly shows a potential bearish setup but needs to trigger my entry rules.
Daily shows a pretty bullish correction but I won't suggest buying into it yet.
I'm long eurnzd for instance, and it's working.
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IvanLabrie IvanLabrie
I'll update if I think it's time to go short again.
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Cancelled pendings, waiting for news.
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Update: potential scale in opportunity if price retraces to 0.744. If it doesn't it's still a valid sell, targetting the following lows:



Deadline is the red vertical line.
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Still on the trade, covered 70% at the lows. BE stop now.
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nice one:)
about targets, i plotted below more agressive Neely`s waterfall levels
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IvanLabrie look4edge
Looks good ;)
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As expected, we have wave i and ii of 3 complete...Time to scale in:

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