GL guys....
Likes, comments and shares are much appreciated, thanks for all the support you've given me over the past few months and glad that everyone had a lovely week back with me on gbp/usd.
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Morning chaps....
Long term view on nzdusd moving forward, if this channel and .236 fib is broken earlier than expected, no-brainer to be short till .62636
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Hello Traders,
I'd look to sell the breakout of the 2-4 line, if we get a consolidation after that, look for a retest of the 2-4 and enter a short at that level as well.
Short now, SL at 0.7060 and TP at 0.6950.
Good risk : reward. Fairly aggressive trade.
I train traders to be successful full time forex traders at : www.TheForexArmy.com
NZDUSD shall see a dip towards 0.6498 Zone, before rising towards 0.6891 levels.
From there market seems to push it back down, as it has previously 3 times, should be a great zone to Short at those levels, aiming at 0.6250 levels.
Bearish ButteryFly Pattern on the 12 hour charts, indicating further downside.
Get Ready for a bigger dive in NZDUSD in coming days.
See a bearish butterfly pattern being formed in 12 Hourly Chart.
Slight 250 Pips upside, and than a good zone to short at 0.6880 - 0.6900 Levels.
I am looking at a dive towards 0.6250 Levels in coming days/weeks.
So I started this by looking at a simple breakout from current structure.
Looking at the bigger picture we have had teh X to A and A to B legs form of both a potential Gartley and Cypher depending on what you like to trade.
Point C is at a pervious point of support and if this plays out then Leg C to D would bring us back down to previous structure as well
This is how I see this pair could play out.
As always, trade with care and trade what you see!
I may have my counts wrong, not that pro of a wave trader!
