I've labeled this as a 3 waves move but it can easily turn into an impulse, taking us to 6800.
ملاحظة
Wave 1 and 2 done ? A move above the neck line would be great but a move above 6600 is needed to increase the odds in our favor.
ملاحظة
NZDUSD - Going perfectly
ملاحظة
The following texts have been shared with my subscribers those last few day.
9 Oct 2020 17:54 : NZDUSD - I'm closing 1/3 into strength here just in case.
12 Oct 2020 13:37 : NZDUSD - Price action for now looks corrective. We can therefore assume we're in a fourth wave and can estimate a termination point for it, which ideally should be at 6640-ish.
13 Oct 2020 18:03 : NZDUSD - AUD & NZD are softening more than expected. I'm not sure we'll see a fifth wave up any more so it's best to take some more profits or close the position altogether.
13 Oct 2020 18:04 : I'm closing 2/3 of my remaining positions and move stop to 6615 for the rest just in case.
14 Oct 2020 11:47 : Triangle ended
14 Oct 2020 17:30 : NZDUSD - Ending fifth wave here reinforces that view.
14 Oct 17:51 : NZDUSD - Is this actually an ending Diagonal ?
14 Oct 17:52 : Closing what's left of my position now.
Questions? Chat or Comment on Ideas Don't forget my public Telegram channel - t.me/em16public
Thanks !
يعمل أيضًا:
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.