im thinking down but will ultimately trade with the break, looking for 2/1 trades
See chart in h1. Strong resistance. Go to trigger time frame. Trigger line $$$ break $$$ pullback $$$ target
We take a look at a simple analysisNZDCHF of price is trending in a descending channel and has reached the bottom of the channel. we would be looking for a bullish reversals with a buy to the upper line of the descending channel, but if price breaks support on the other hand we would be entering sells on retest and rejection of price to previous support levels...
Looking for gbpjpy to come into this bearish ict orderblock and attack the swing low as a future target
Can we just take a moment to stop and appreciate these beautiful technicals. TrendyChartsAnalysis combines clean charts with accurate technicals.
Looking for nzdusd to break triangle to the downside , we expect the RBNZ to keep rate the same disappointing the markets
tears of crypto traders. Short Idea. Thank You:)))
Straightforward trade waiting for rejection on the price action of the previous support.
Wait for retest of old support and further move down to the next zone.
- Rejections from 0.9 psych level - Daily highs - downtrend - Bearish dollar fundamentals
- Uptrend - 1.217 strong support - Bullish EUR fundamentals - Waiting on wick back into zone for entry
- Daily Highs - Trend Structure - Waiting on double top for confirmation
- Daily Highs - Trend Structure - Bullish Iron Ore Fundamentals (AUD Exports) - Waiting on: Double top Head and shoulders for entry confirmation.
The price shows a good rejection from 0.382 Fib retracement and good chance it will proceed further down to touch the trendline. Conservative traders, wait for another confirmation by a resistance with beautiful candles in the 5 mins or 15 mins tf. No more than 0.5% risk per trade, control risk management very strictly.
The market has been moving in a very nice way in the long run particularly in the rising wedge pattern. It made a new high recently and there is a high probability that it will travel down for some time now, my personal taste says 76.5 at least. A chance to take short ASAP as soon as the market opens because a resistance has been formed and this is a nice entry...
As you can see the market is ranging in a small zone for sometime and it just met with the supply zone, which means that it will have highest chances to move to the demand zone now. It has started fhe move and it maybe taken as a late entry but there is a chance. Apply strict risk management, no more than 0.5% on the trade.