Categories: Forex Trade Updates

New Zealand Dollar Trap

Hi friends,

Quick update about the trade I’ve been taking this week so far:

1- AUDNZD – Failed. The pair didn’t hold and broke down
2- USDJPY – Running
3- EURGBP – Running

And now for the next huge opportunity.

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NZDUSD is building a top coming with wonderful daily divergence. Classical situation will be if the pair pushes above 84 before makes the stop and retrace fore few hundreds points.

But another thing could happen and that’s creation of double top. Which of them happens, get in and aim the trend line as your target. Protection is above 85.

Here is a picture of the chart (Click to enlarge):

Have a wonderful day

Vladimir Ribakov
www.vladimirforexsignals.com

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Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.