NZDUSD Long after end of corrective structure

see chart for info

this is not a trade call. for all your action in life _you_ are responsible. noone else to blame.

dont risk more than 1-2% of your account's money for your stopploss on that (better: any) tarde idea.

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i think one more shorter dwn is coming because i dont see this corrective structure i completed yet.

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if you get into that buy it is short term. the downside is more promising

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from structure i think that selling the 0.618 (my take profit level at this buy-idea) is a very good idea afterwards!

Trade active

entered around the 1.618 extention and it is going good.

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Trade still active. No SL moved.

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I specify my view a bit.

There are signs for bigger downside than w hat I put here. Be careful all the time.

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so far so good.

it did as i predicted:

some more down (taking the 1.272ext) then breaking trendline to the upside.
Then consolidated aboe trendline making a flag and broke that flag.

Trade active

sorry. updated late.

still holding this trade (entered the plotted long-trade to the left).

Trade closed manually

sorry for late update. i closed the trade with very little profit after a saw that it was not going good.

ernstschwarz

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