Project 1001 Pips - NZDUSD Pending Sell Setup

28 juin 2016

After this massive drop NZDUSD due to Brexit we expected a correction to the upside in order to go short. Looking at the chart now we are about to complete a three wave corrective pattern (ABC) with wave A and B having already formed. We expect price to move up as shown at the chart, complete the pattern and then drop.

For those who are interested taking this trade the entry point is the 1.27 ext of wave A, with stoploss and profit target as shown at the chart. If structure changes i will update this post.

Don't miss tomorrow my webinar on harmonic patterns! I will show you how to draw them (fibonacci ratios), a simple way to identify them into the charts and most importantly which qualify to trade.

You may register using the link below:
attendee.gotowebinar.com/register/1446690496367655170

1 juil. 2016

Note

We have the completion of a sell setup. Price has completed a bearish crab pattern and an ab=cd at a level we have expecting C wave to end.

1 juil. 2016

Transaction en cours