FUNTRADER-Vera
Long

NZDUSD: potential buying zone to a start of a corrective wave

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD: potential buying zone to a start of a corrective wave
Less is more!
Comment: more drop to the blue support zone.
this is not a long trade signal here.
Comment: dropping to the bottom of the box.
Comment: still strong bear in the pruple zone.
no buy no sell signal at all.
Comment: NU bounce up from the buying zone.
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Comments

first many thanks for every thing , do you think the correction will continue until .7200 just asking .. might be max .7050 then will drop down , i am learning and have position want to know where i can exit my profit . thanks
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@MAKDXB, you have a position of short trade, I guess.
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MAKDXB FUNTRADER-Vera
@FUNTRADER-Vera, no long at .6970
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@MAKDXB, in that case, you need to trade with care, your entry is a little higher.
And NZDUSD could take some time to bulid the bottom which will exaust your patience probably.
And for the correction wave, first tp from me is 0.694-0.700.
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MAKDXB FUNTRADER-Vera
@FUNTRADER-Vera, i am thinking to open another position now and will start closing by .70 , i have been stressed last 4 day worried to go below .6800 .thanks for the advise and all the help , you are making different in our life
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Please keep posting more analysis... thanks...
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@cksske, thank you for your comments.
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Lovely analysis... thanks!
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@cerexr, thank you for your comments.
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i like the accuracy of your analysis, very good!
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