NZDUSD short -- weekly and monthly -- LONG TERM downside Targets

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Prepare for a LARGE weekly and monthly move down on FX_IDC:NZDUSD (or any risk pair) as we've now corrected larger double top down thru Monthly 100EMA and then re-tested as resistance. Ichimoku Cloud on monthly also says lower by end of June and July.

SL 0.7450
TP1 0,5760
TP2 0.4910

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Trade active: If you're stop loss triggered, re-enter, as prices will now accelerate short for quite a while. Stop Loss was just barely positioned to low.
Trade active: Ichimoku defended bearish view. Weekly and monthly still pushing prices much lower over 4 month time horizon.
Trade active: Going Well. Get ready for 3rd Elliott Wave down and propulsion from bottom of cloud on higher timeframes
Trade active: amazing call. still active til autumn
Trade active: 3rd elliott wave definitely came.
4th done.
now on 5th tumultuous wave down.
is this setup still valid? thanks
OutsideTheBoxHK heinvanhoften
+1 Reply
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