Abozahra
Long

AB=CD Completion at yearly support

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD been in dump mode for a while now, and we are getting closer to important support level . we also have a possible AB=CD completion at that level. looking for possible reversal.
Comment: Hello guys!
It's time to start watching this level closely!

Comment: Pattern is now completed, at 1,618 fib extension, and at yearly support. It's Friday and i may wait to next week for entry reason. But look for your own rules of engagement and trade by your rules :)

Comment: Good start! Hope it get better next week :)

Comment: Still looking good with another higher low now on 1H TF.

Comment: Too bad no continuation after the two bullish days, but idea still valid. Be aware NZD news tonight!

Comment: Finally Good NZD numbers and we took of :D

Comment: We still looking good and she gave me the opportunity to add more, SL to BE on second position as soon i see a break of yesterday's high.

Comment: Happy pips for those who managed to take this trade, so far so good!
Comment: As i mention in the weekly overview on my YouTube channel, the retest of the neckline is an important level where we should expect a bounce up. Still looking good and early today i released my short hedge from last week and now left the initial long position only.

Comment: Good daily bullish engulfing, still hold the initial long on this trade.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out