NZDUSD: Let's keep an eye on the sells

Hey Traders, NZDUSD is about to fall so let's keep an eye on the sells if you are not already in.

For us, market has to fall for at least 250 pips and it might go all the way down to break major low as well (0.6530). If we get a correction here, another up wave is very possible but we will ignore and look for sell setups from the new high again.

Those of you who are not in, wait for your sell setups before you jump in.


If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment.

What we are sharing here is only our point of view on what could be the next move in the market based on our wave analysis concept so this is a directional bias and not signals...


DO NOT FORGET OUR 4 GOLDEN RULES:

1) Do not over-risk
2) Do not over-trade
3) Do not trade without stop loss
4) Never ever add to losing position


Trade with care
We Trade Waves Team

Comment:

Market is moving down nicely, if you are in try to take partial profits and move the rest at break even.

Trade closed: target reached:

This was a good trade, we hope all of you took it.