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Wave-Trader
May 22, 2017 6:40 PM

NZDUSD Watch price action under trend line  Short

New Zealand Dollar/U.S. DollarFXCM

Description

Hi fellows, If you follow my weekly market review than you know that what trade setup we were looking on this pair. I explained this pair with detail in the weekly market review. Watch price action under trend line for short. It is rising aggressively so wait and watch for the price to stop first and then give you a nice impulse on lower time frame and then look for sell. In case price break up and violate the pattern which i am looking for then i will look for change in pattern formation and sell again from previous high as we are still in big daily sideways. Good Luck fellows.

Comment

Price is breaking the Trend line we have not seen any price action under the trend line but we are still looking for short based on the price action. If any one is looking for short please wait and watch for the price to stop it self and then look for short. If i will see the nice price action i will update the idea so for be patient fellows.

Comment

Amazing, Here we got the solid price action. Watch TCP fellows and look for sell. Good Luck.

Comment

We are still bearish on this pair fellows here is the update.

Comment

I am still short on this pair fellows. if you stopped out then try to re sell this pair good luck

Comment

Please look at the chart.
Comments
AlanTradesFX
Sold this pair from the top but broke even after the news. It seems changing pattern.
johnmad
Possibility
AlanTradesFX
Thank you mate. Great update. Already in the sell from the top. No watching it how it goes.
itzbert
In.
abdellahfx
I'm reselling too
Thanks
WandersonAmorim
i have a sell in this pair but is look bad for sell positions
ErdincTekerlek
I sell it from here. 0.7045
bluesurftrading
Looks like TCP is now forming on 15min
mrakyu
@stevecosner, what is TCP means~?
catalindnicula
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