I am expecting bearish impulse and breakdown of ascending channel on daily.
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Sell from top
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It look like to me that price holding the weekly channel line but there is not impulsive breakdown which means this corrective top may extend corrective time period. If you are not in then look for sell on top if price come close to top again. Here is the update.
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This is how structure works With perfect Accuracy. Here is the Update and also watch my AUDUSD analysis on Youtube.
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Amazing structure analysis here is update.
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Watching closely corrective wave breakdown coming soon. Here is update.
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If price break up then i will look for top around 0. 78000. This could be a classical head and shoulder as well giving signal that we are on reversal from top.
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Bigger trend is resumed.
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TCMertC
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what do u think about nzdusd? i shorted but i dont know how much i should hold?
Wave-Trader
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I dont know mate where did you sell and what are you targeting. If will see another sell setup i will post the update i am bearish on NZDUSD and waiting for pullback to enter more sell
TCMertC
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i got in at 0.72850 . but i dont wanna miss the big fall . so im planning to hold it for couple days. im expecting to fall to 0.70
Wave-Trader
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I have posted update on NZDUSD idea look at that it is very simple ya. Yes big fall will come its sure.
TCMertC
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yes i saw thank u man.
Wave-Trader
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Thank you i hope this will help you mate.
StevenMilward
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Hello. Today hasn't seen much movement. If we have a bearish candle tomorrow, would you sell at the bottom of that candle? Or would you set a sell limit and wait for some pullback, say halfway up the candle? Thanks!
Wave-Trader
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I need to see 1st impulse then i will look for sell.