cdschultheis15
Panjang

NZD/USD - Bullish 5-0 + GOLDEN RATIO X3

OANDA:NZDUSD   Dolar New Zealand/Dolar U.S
Hello traders!

I am SUPER excited about this set up. I have been keeping an eye on this since markets opened this week.

We are looking at a bullish 5-0 on the 4H chart with NZD/USD             .

Given the Fibonacci measurements at C point, it has been measured to the GOLDEN RATIO not only once...not twice...but THREE TIMES!

I usually never trade this pattern down unless the first 4 measurements of a 5-0 match a shark pattern, but you cant ignore confirmation like this.

I'll be trading this pattern down until it hit D point (0.7010), closing profit and following it up with a long position back up to (0.7200).

The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
What about Comey speech this thursday?
Balas
cdschultheis15 FaisalAlmarshad
@FaisalAlmarshad, You honestly though Comey's speech was going to move price that much? Moving price outside the channel based on that news ALONE?

Nothing in his speech will effect the USD in a big way.

I try to keep my head out of nonsense news like that...
Balas
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Pengimbas Saham Pengimbas Forex Pengimbas Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar