We are on an UPTREND and a BULLISH HIDDEN DIVERGENCE setup is active
Expecting a weak #USD *Expecting a WEAK #USD structurally* #DOLLAR INDEX WEAKNESS #Usd/Xxx SELLS #Xxx/Usd BUYS
Nice one too here guys. We have a big move up. Wouldn't be a bad trade to keep
This would be a low priced entry guys. We can see that its at its low and the 1st and 2nd wave are complete. Buying here would be a good idea since you would be capturing the 3rd wave. We can see nice volatility building up on this one guys.
It aint the time yet to go long on this one. Still some room on the downside.
The Major Wave 3 was a normal wave so we should expect an extended 5th wave. which would extend 100% of the move from start of Major wave 1 to the end of Major Wave 3
Hi guys for long term traders holding your short positions with a stop at the end of Major wave 5 with long term targets of the 61.8% retracement of this whole move would be an excellent idea. For short term traders keep going short on the smaller time-frames with the same targets cheer z guys
We are capturing the "C" move of this corrective structure
We have added to our longs. We plan to hold this for as long as possible.
Details indicated on the chart
We see that there is a possibility of wave 4 being a shallow correction of the wave 3 since wave two was a very deep correction almost 80%. We are interested in capturing wave 5 which may probably be an extended wave since wave 3 was a normal wave. Our buy zone would be around 23.60% correction of wave three with confirmation on the lower Timeframes CHEERZ...
We are within a corrective structure. We have a sell setup here with low risk high reward ratio guys. CHEERZ...
NZD/USD within a corrective structure. The big trade would be Catching wave 5