UnknownUnicorn7350043

UnknownUnicorn7350043

Expecting a move to the downside Elliot Wave Analysis

UnknownUnicorn7350043

Major confluence zone, bears await the 0.618 zone. Elliot Wave Analysis

UnknownUnicorn7350043

selloff coming

UnknownUnicorn7350043

Good risk reward

UnknownUnicorn7350043

Short on the completion of M pattern

UnknownUnicorn7350043

Short the pound

UnknownUnicorn7350043

Don't be a part of the 90% of traders The markets are institutionally controlled Daily Supply zone has confirmed itself to still be intact Further NZD weakness to the demand zone will occur before price rises to meet supply zones Price will correct itself, inducing buyers in order to continue with an impulsive move to the downside Expect price to correct itself...

UnknownUnicorn7350043

This is how I believe EURNZD will develop as time progresses

UnknownUnicorn7350043

Confirm with 4H corrective structure, could correct back into the neckline but could also just form a bear flag and dump. React to the market don't force a correction back into the neckline This pair will sell, just find a valid corrective structure and respect price action

UnknownUnicorn7350043

From a structural perspective, it's safe to assume that if a 4H corrective structure presents itself with strong rejection in the highlighted area, there will certainly be a short opportunity to the previous resistance zone turned support. Keep in mind the ascending channel with a daily impulsive break. This suggests a corrective structure will form on the...

UnknownUnicorn7350043

If 4 Hour Bullish Flag presents itself, EURNZD offers a great opportunity to hop in this trade for a long setup with good risk reward. 1. Confirm upside momentum with weekly close of bullish engulfer 2. Look for 4H corrective structure to ride the rest of this wave into demand zone.

UnknownUnicorn7350043

If a corrective ascending corrective formation presents itself with strong rejection at weekly resistance, I will be looking to short this pair into the supply zone where bulls will then be able to generate enough momentum to break to the upside and meet the demand zone. Bears will complete XABCD pattern and W formation if they manage to reject from the key zone...

UnknownUnicorn7350043

Wait for a 4H corrective structure as illustrated and take a short position at the completion of the right shoulder on the head and shoulders formation. Look for a long position at the supply zone and wait for confirmation of a bullish presence. #Dubs&Cheese

UnknownUnicorn7350043

Great opportunity to short the pound as it's currently in a 4H corrective structure. Anticipating a long term long setup at the demand zone

UnknownUnicorn7350043

Harmonic Wave Bearish Corrective Structure Short the B-C wave Long the C-D wave

UnknownUnicorn7350043

Bearish corrective structure

UnknownUnicorn7350043

Going short here