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πŸ“š The Perfect Impulse - Correction - Impulse πŸ“š

Education
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD has recently given us the perfect impulse, correct, impulse move, which is probably our favourite pattern to trade.

The market moves in waves. There's an impulse wave, followed by a brief period of consolidation/correction where buyers and sellers accumulate their orders. This is often followed by another impulse wave in the same initial direction as the first impulse.

The great thing about these patterns is that we can have a clear stop placement, which is above the correction. If you have a closer look at this chart, you will be able to notice various impulse waves followed by corrections.


Do your best to find them in your trading!



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Comments

thank you β€πŸ‘Œ
+4 Reply
Thank you for sharing that. As a newbie trader this content is very much appreciated and helpful, full of informations to spot this on the charts.
Keep posting, thanks!
+3 Reply
Great Bro..... it's really helpful and easy to understand, Keep it up πŸ‘πŸ‘πŸ‘β™₯️
+3 Reply
Wicktator ALI-572
@ALI-572, Thanks my bro
+3 Reply
I don't know about that pattern, What we looking here but or sell. I'm not gonna trade it's for education
+2 Reply
Bro plz make an update on USDPLN ....... as it's making retest after breakout but I'm little bit confused πŸ’šπŸ‘
+2 Reply
Wicktator ALI-572
@ALI-572, Will do it now and send it to your dm. Keep a look out
+3 Reply
Okay Thank u so much Bro β™₯️
+2 Reply
always up to the mark
+2 Reply
how can I know a flag
+2 Reply
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