NZDUSD - Catch This Drop!
In our last NZDUSD analysis, we identified that we were in a WXY wave for wave 2.
We are currently in wave Y, which is a 3 wave move. We've seen wave A and now we're in wave B. We are showing some signs of rejection at the fib level.
Trade Idea:
- Watch for rejection of fib level
- Use confirmation on lower timeframe such as trendline break or BOS
- Enter with stops above wave B or safer stops above invalidation
- Targets: 0.6 (250pips), 0.58 (450pips)
Goodluck and as always, trade safe!
See below for our past NZDUSD analysis.
We are currently in wave Y, which is a 3 wave move. We've seen wave A and now we're in wave B. We are showing some signs of rejection at the fib level.
Trade Idea:
- Watch for rejection of fib level
- Use confirmation on lower timeframe such as trendline break or BOS
- Enter with stops above wave B or safer stops above invalidation
- Targets: 0.6 (250pips), 0.58 (450pips)
Goodluck and as always, trade safe!
See below for our past NZDUSD analysis.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.