NZDUSD corrective structure Long

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Nov 10, 2015 4:13 PM

The NZDUSD looks like it completed a 5 wave corrective structure and is starting an impulsive move up .
Buying the break out of this lower degree correction is a good idea.

Trade with care.

Follow for updates on this and more .

Comment

⋅ Nov 12, 2015 2:32 AM

let's see how this develops

Elliott Wave

Comments

IvanLabrie

⋅ Nov 12, 2015 6:00 PM

Short term C up was a good trade.

anilmangal

⋅ Nov 12, 2015 6:02 PM

yep, made a couple pips but not my kind of trade. I like the long ones

IvanLabrie

⋅ Nov 12, 2015 6:05 PM

Yeah, me too but we gotta take what the market gives us traders. :)

IvanLabrie

⋅ Nov 12, 2015 6:05 PM

The 'hanging fruit'...

njdfj

⋅ Nov 11, 2015 1:06 AM

awesome

UnknownUnicorn216436

⋅ Nov 11, 2015 12:18 AM

you sir are a genius!

chimpsky

⋅ Nov 10, 2015 11:44 PM

NICE

Henrik93

⋅ Nov 10, 2015 4:24 PM

In short term (1 day) it will most likely move up?

aaahmed12

⋅ Nov 11, 2015 11:30 AM

I was just about to ask the same thing

Mokonomo

⋅ Nov 11, 2015 10:23 AM

We pulled back to the top of the structure. Would this be a good area to re- enter longs? (NZD Business PMI in 11hrs)