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anilmangal
Feb 25, 2017 4:20 PM

NZDCAD corrective structure 做空

New Zealand Dollar/Canadian DollarFXCM

描述

Hi Guys, the NZDCAD is in a corrective structure which can be 3 or 5 waves. The next impulse in this structure will be down. Look for sell setups after the break.




评论

OK so we got the one more up now look for possible sell setups

评论

评论
ElliottWavePro
It seems like this pair is going to fall straight away
rebound
Is short still correct?
inspiration_sou
anil , that's in the daily frame or what ? and thanx for sharing this
FiguringOutFinance
@inspiration_sou, Look at the top left of the chart mate, it's the 240/4 hour chart.
itispossible
You should've waited to see a reaction to resistance at the top of the range before going short. It's never a good idea to short at the trendline. Wait for the reversal confirmation before entry /\. In this case it broke the resistance and kept running up. No trigger. \
zhuxudongalex
@itispossible, THANKS a lot, this NZDCAD may take a while to go down, we should wait...
zhuxudongalex
I guess we should wait for the news of BOC (canada) for tomorrow, it may be 0.9650-0.9660 area, big resistance area, the best short entry may be triggered the beginning of next week...
ajschmidt100
Is this short still in play or has it stopped out in your opinion?
anilmangal
@ajschmidt100, how would it be stopped out if the trade never triggers? But yes the 4 hr structure is still a correction only this time we wait for a different setup for the sell.
ajschmidt100
@anilmangal, I must have misunderstood your idea then. I thought you were suggesting a sell as the price tested your upper trend line.
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