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Wave-Trader
Aug 16, 2016 4:10 PM

Expecting long from bottom  Short

Australian Dollar/New Zealand DollarFXCM

Description

I am expecting breakdown of triangle

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This is how Structure and pattern identification works we broke down the triangle and we may see sell setup on retest remember this sell setup has one condition and that is this pullback must be corrective if it forms corrective trend continuation pattern then we will look for sell setup and if incase price pullback aggressively then we will not look for sell here is the update thanks for your feedback.

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Structure playing very well so far. Price has tested broken structure very sharply and started to fall now i am watching price action on bottom line either we are going to break through or going to hold this bottom line.Here is the update.

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Watching for short term buy setup.

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Here we got the update guys.

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Comments
forexyoga
Yes you Live Trading video is much much helpful for beginners
Wave-Trader
Thanks mate
Elliott_Wave_Count
Thanks for your videos!
Wave-Trader
Cheers mate
shaun241
got long at 1.0404, is it alright? Im worried if it´s not too soon
ianpatton
Price is on the bottom so watch for some price action
Wave-Trader
Exactly ianpatton 1st Impulse needed.
piptamil
Great bro...simple...neat...educative and informative...
Wave-Trader
Cheers mate
fxfxfx
thanks for the information on how to identify the right pull back type for entry!
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