Wave-Trader

Price about to hit expected level

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
1187 18 49
Price about to hit expected level. i am waiting for price action. i am watching very closely for trend continuation or reversal if price bounce back i will look for buy setup and if price break down then i will look for price action under broken structure for trend continuation
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i am still expecting wave down
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expecting short setup from top
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Price about to hit expected level
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This is how patterns work if any one remember this
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nice
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Now sell?
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Wave-Trader PRO AhmetAlperOzen
did you see update mate
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Wave-Trader PRO Wave-Trader
snapshot
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AhmetAlperOzen Wave-Trader
yes, and I see upper band hit and risk taking entry time. Right?
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Wave-Trader PRO AhmetAlperOzen
yes and if you catch this trade on right time then dont close it early ya its gonna give you almost 5000 pips and will take almost 27 to 30 days good luck mate this could be nice trade setup
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AhmetAlperOzen Wave-Trader
thank you very much
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Wave-Trader PRO AhmetAlperOzen
you are most welcome mate
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Just a question, some traders would be looking to sell off the rally to the bottom of the channel. i.e breakout retest & see the bottom of the channel now as resistance. You don't it seem's so I will observe with interest. Thank you for posting.
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because bearish momentum has lost its strength and it is very likely to break back in the channel and make new highs and if it happens i will look for sell on top not under the broken channel.
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