EURNZD is currently in an ABC correction. We've completed wave B and now we're in wave C. The completion of wave B can be used as a strict invalidation level for our short play.
We can use a channel to gauge the target for wave C, which happens to be the -27 fibonacci extension of wave A.
Trade Idea:
- Watch for a correction to appear
- Enter on break of correction with stops either above correction or above invalidation
- Targets: 1.745 (600pips), 1.71 (900pips)
If this setup gets enough traction, we'll make sure to send updates and let you guys know when its active!
Goodluck and as always, trade safe!
We can use a channel to gauge the target for wave C, which happens to be the -27 fibonacci extension of wave A.
Trade Idea:
- Watch for a correction to appear
- Enter on break of correction with stops either above correction or above invalidation
- Targets: 1.745 (600pips), 1.71 (900pips)
If this setup gets enough traction, we'll make sure to send updates and let you guys know when its active!
Goodluck and as always, trade safe!
Want more chart ups like this? Click the links below:
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Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。