HI my analyse says that we are in an Eliotwave that the 3rd wave in a shorter wave has finished and also we started a 4th wave that can price go out from a #Triangle that the profit of braking Triangle is 50% of fiboretracement,when we long in short term our sl is 1,1700 and the TP is about 1,19670 where we can sell(no short,close our long).
have a good week
Yesterday, before the NZD rate decision, the Elite Zone members received a setup to focus on shorting $NZDUSD (as well as $NZDCHF).
This chart explains the reasons.
You can join the Elite Zone by visiting http://www.themarketzone.net and clicking on the Elite Zone tab.
This Elite Zone setup, sent to the members yesterday, involving daily Cypher pattern completion near 1.64, had a great reversal day today - Reached our first target level.
Secondary target (daily) is 1.6.
If you are not part of the Elite Zone and you haven't shorted this pair from the PRZ, you can maybe look for small pullback move to higher resistance level in...
This Wedge breakdown setup was sent to the members last week. Elite Zone members already can collect target 1, but it seems like $AAPL has more downside potential. A close below 100$ will be important factor to consider.
98$ is a support level to monitor
Join the Elite Zone for just 1$ - www.themarketzone.net
The first setup was based on 4H harmonic pattern, completed near 0.937. Target 1 was reached within short time.
After small pullback, we used the 4H trend line and the minor structure zone to time another entry. That setup sent this pair all the way to Target 2.