ValeriuV

ValeriuV

I'll be watching for this breakout...

ValeriuV

If the DT confirms, i think will be the begining of a correction. Let's see if we can get some pips out of it

ValeriuV

I'm in this sell , a little bit risky but is wort it

ValeriuV

This looks like the logical way ... but who knows

ValeriuV

In my opinion this correction is not a simple 1,2,3 but rather a 5 wave structure, reaching for the trend line.

ValeriuV

While we wait for the nzd to finally fall , I don't see any reason why we sould not take advantage of the small buys. When the small time frame correction is over I will try to buy, just for the fun of it

ValeriuV

It looks like the pair is offering us the opportunity to add to the trade if it breakes out of the correction .

ValeriuV Updated 

Possible short opportunity with great RR. Dpending on lower time frame behaviour, I will wait for shorting the pair. On the daily chart the divergence is not formed yet, but the trade still has a great chance of succes.

ValeriuV

If it brakes and consolidates above the trend line ....

ValeriuV

CAD/JPY is in corrective structure but I am looking for the last move up before the big sell

ValeriuV

Watch for the breakout.

ValeriuV

It looks a lot better then last time. Let's hope it performs better too

ValeriuV

I'm watching this for some time now and it seems it wants to break out of the trend. If Unemployment Change looks bad it might give it a chance to pullback, and then to come down. let's see how it goes

ValeriuV

Hope to see the low retested...

ValeriuV

The second wave down looks corrective and as long as it does dot break the low arround 130.00 level, I'll be looking to buy and TRY to hold position for the full target

ValeriuV

What if the 3 wave structure are all there is for the correction and the next impulse down has already started ? We have a divergence formed at the resistence level and round number ... I'm just saying....

ValeriuV

There are many opinions in favor of 5-th wave, and are enough reasons to belive it will do that. My only concern will be posted in the next chart...

ValeriuV

Update to " EURO/NZD correction across the bord"