NZDUSD Lightning Bolt Move

2020年5月15日

So I picked up a new confirmation tool through my research that I will be using forward on my strategy, the first step was to identify my trend, which was a newly developed downward move, plotted my boundary lines for a forming triangle, added a moving average of "60" and added my normal support lines since it's a downtrend. I then searched and picked up a lightning bolt move, basically, it's a 3 step move, for a downtrend it is: Down, Up and Down, which in my graph is located with the red lines and marked (1,2 & 3). Using my support lines, confirmed with my moving average that is in-line with my triangle boundary line means the support line (which is now used as resistance) is a double strong and to seal it off with the lightning bolt as my last confirmation all lead to a SHORT trade.

Let me know what you think of this move, looks quite interesting as the move looks to have been proven in the past analysis.

2020年5月15日

交易進行

2020年5月17日

交易結束：目標達成