Friends, Perhaps an interesting opp in this lesser frame (M15) where ground could possibly defined at a standard Fib contraction level, such that: 1 - 0.500-Fib = 75.589 and 2 - 0.681-Fib = 74.834 SL < 0.618-Fib TG = 79.763 or 1-3 Line extension of WW, which ever come first. Not worth entering unless it declines first. It's one of those all or...
Hi everyone this is a valid pattern in my opinion, with fairly good legs. Depending on your rules we might also have a trendline. The targets are highlighted on the chart Lets see and Good Luck
The proof is in the pudding, well it is in the globalized failing of quantitative easing. Abeconomics is no different. Japan Prime Minister Shinzo Abe will continue to feel pressure as his "three arrows" economic policy fails to push consistent economic expansion. Japan's economy shrank 1.6 percent on an annualized basis with falling exports and contracting...
Good opportunity with small risk since the completion of the patterns and RSI is oversold.
With the current sell off of the Kiwi, we are approaching an area where there could be a reversal. This ties in with the the EURNZD and AUDNZD pairs that also show an area of possible reversal. Price may rebound between the areas marked out by yellow boxes. The sharp drops from the yellow boxes above (supply zones) tell us the pair could rebound upon returning...
Stop is placed at the 1.13 fib extension of the XA leg Target 1 is at the 38.2 retracement of the CD leg. Target 2 is at resistance at the C point. Target 2 stops are trailed using the DNC indicator. Both stops are moved to breakeven when target 1 is hit.
NDJPY Hi everyone posted this pattern few days ago yet another success, now the price seems to be ranging for a bit waiting for the breakout. Good Luck
I´ve been posting a bearish case for NZDJPY from few weeks ago and scenario is still valid. Technically this is a warning for stock indices but it has been reluctant to fall so far. This is my forecast though. I didn´t include Ichimoku indicator to have a clean chart , but if you check it supports the analysis to the downside Above 89.25 on a daily close would...
As i tell you in the nzdjpy last chart. there were two possibilities. As you can see price break up. and now is making a correction. so if you did not catch the break, now this structure is giving you an opportunity to get into the trade. Wait for the break out of the corrective structure and then go long. what do you think?
Price is making a corrective structure. If you see the chart, price is in a down trend. I think that if price break the support of the structure, NZDJPY will give us a short opportunity. Any ways, price could break the resistance of the structure and go to test the red resistance. I think is going down, because few days ago price broke a up trend and it has...
CONFLUENCE FACTORS (techanicals) - 89.250 support - with trend - 50% fibonnaci - low test (waiting for week to end) - 50 ema dynamic support - 200 ema on daily (timing entry on daily)
VIDEO: www.youtube.com Potential Cypher Pattern on the NZD/JPY 1 hour time frame. Last trade for the day, please refer to the video above. I do release daily videos to everyone whom wants to follow along and trade together. Star Prosper Philip Stewart
See our SETUP: (Click and Play) I do appreciate all views be it a like or comment SignalSuisse
I was stopped out in the previous NZDJPY trade. But moving a bit higher the trendlines to last level, it showed me this analysis. Is the right one ? I tried a new short with very tight SL (not with daily close) , at 92 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit...
#NZDJPY Long Opportunity @TradeYodha TradeYodha.com Analysis: 1. Market is in uptrend and in a channel 2. 50 sma on higher time frame (Daily) in the zone. That will provide support 3. The price is not yet oversold, it still has little more to go down 4. Zone has 90.00 level Trade Execution: 1. Have 2 orders 2. First order as a limit order 3. Second...
Geometry had to be modified from its original plotting (see it here: ). Modification pertained to a more complex 2-3 and 3-4 leg developments into deeper zig-zags. As indicated before, the 2-3 leg is typically the longest, most complex - This re-adjustment only reflects this point. There is no attempted Predictive/Forecasting Model for at the moment, so as...
D1 PRICE FAILED TO CLOSE OUTSIDE OF THE WEDGE PATTERN. FORMING A D1 PIN BAR. POSSIBLE SELL NOW. IT IS FORMING THE 5TH WAVE TO THE BOTTOM OF THE WEDGE CURRENTLY. DO NOTE THAT EVEN THOUGH D1 FAILED TO CLOSE OUTSIDE OF THE WEDGE. THE H4 HAS ACTUALLY CLOSED OUTSIDE, BARELY. PRICE MAY "RETEST" THE WEDGE AFTER THIS "BREAKOUT" BUT I AM MORE CONFIDENT ON THE D1, THUS THE...
Excellent risk/reward ratio in this short term trade setup. Currently in a consolidation/correction phase, but next swing is down. Analysis on chart, good luck!