I've posted several charts on this... Look to sell down into support , form the C of the current swing and trade up to 17100
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I have started sell positions from 1.6620. Our support zone is at 16350 but this may go deeper.
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Started the full size selling from 16685.. Just triggered.
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Next add on will be when we break the counter trendline .. we can sell this down into 163500 when you get your uturn, pull the stop down 20 pips above the entry thanks!
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I entered the full size positions from 16685 and pulled half of them off for 50 pips and am break even now... Probably will come off the trade. if it takes out my break evens... Otherwise holding. I still feel as though we are coming down on this one although we may pop north a little more first. Looking for 16350 on this. Thanks!!
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I have a pending order to buy a bullish candlestick formation at 16320, which is the D extension of this chart. We will be buying up to 17100. Thanks! This can come in anytime with NZD as bullish as it is... 207 pip daily range on it.... Thanks!
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Im looking at 16320 for a long if the market will provide bullish candles on the two hour... a lot of support here will let you know when I am on. Thanks!!!
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BUY COMING INTO PLAY NEXT WEEK.
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On Sunday July 10 I started building positions on the reverse out of this pair... My entry is 1.5180. I just pulled the first one off of this at 1.5308 and my stop is at break even. I will post some additional charts later. Target is 1.55
Thanks!
Thanks!