SteveNixon

Worth a punt?

Giá lên
SteveNixon Cập nhật   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
30
This pair are in a high degree correction and may have one more wave down.
I expected it to complete the down move but it looks long at the moment.
It may go back up for a retest of the channel top = if so wait to see what it does next.
I still expect it to complete another wave down but lets wait and see,
There seems to be a long set up now which could turn out to be a great move if price eventually breaks the top.

I'll keep followers updated on this as it develops

NOT investment advice just an idea for discussion or learning
Good luck
Steve

Bình luận:
Price has broken long - wait for confirmation of the direction (some sort of correction) before considering a long position.

Bình luận:
Bình luận:
Keep an eye on this - it's possible that this flag is all the correction we are going to get
Bình luận:
Nice move up in the Asian session - still looks long and perhaps a good point to add to the position
Bình luận:
This didn't go back to the top of the channel. So the expected short has started and is currently presenting an entry opportunity. Wait for the break out of the correction.

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