NZDUSD: Elliott Waves Perfect Formation
How to trade this wave :
i) We can enter long at correction wave A on retest of trendline around 0.7200's for a target of 30pips (0.7230's) in NZDUSD
ii) At B point enter short @0.7230's with 30 pip stops, for Targets around 0.7160's (70pips)
iii) If all goes fine, we may pocket 100pips in NZDUSD alone today !
Though in charts everything is marked, there are few scenario's which we need to consider what-if it doesn't happen the way we predicted. If trendline is broken @ A, please wait for the down move to complete and enter A to B long trade only on valid confirmation by other entry techniques, don't just use elliots only. If B point goes above Wave 5, better don't enter short trade on B to C.
Hope, we get 100pips in NZDUSD for the day's work...
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
i) We can enter long at correction wave A on retest of trendline around 0.7200's for a target of 30pips (0.7230's) in NZDUSD
ii) At B point enter short @0.7230's with 30 pip stops, for Targets around 0.7160's (70pips)
iii) If all goes fine, we may pocket 100pips in NZDUSD alone today !
Though in charts everything is marked, there are few scenario's which we need to consider what-if it doesn't happen the way we predicted. If trendline is broken @ A, please wait for the down move to complete and enter A to B long trade only on valid confirmation by other entry techniques, don't just use elliots only. If B point goes above Wave 5, better don't enter short trade on B to C.
Hope, we get 100pips in NZDUSD for the day's work...
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.