NZDUSD Triangle breakdown
Made a nice call on NZDUSD last time and it looks like my predicting lines on the pair is going well. I’m going to short again on NZDUSD, as I believe it will head lower to around 0.6683.
Possible short on the 61.8, NZDUUSD
Possible short, use the extension in conjunction with the latest leg and the long leg before to decide TP. Await confirmation Good luck trading Twitch.tv/SmokeInTheEye88
NZD.USD – Bearish Cypher & Bat Setup
On the NZD.USD 1 Hour chart we have 2 potential trade opportunity’s at the D leg completion of a bearish Bat & Cypher Bearish Bat Setup ( Light Grey ) – D leg completion 0.6791 Bearish Cypher Setup ( Dark Grey ) – D leg completion 0.6814 Bat Fibonacci Confluence – 161.80% – 88.60% Cypher Fibonacci Confluence – 127.20% – 78.60%
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don’t ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I can know my post was helpful to you. As always, any CONSTRUCTIVE comments are welcome whether AGREE or DISAGREE.