UnknownUnicorn180388

Apr 17, 2017 7:43 AM

EUR.NZD - High Probability Long Opportunity Long

Euro Fx/New Zealand DollarFXCM

Description

⋅ Apr 17, 2017 7:43 AM

My basic Daily chart analysis on the EUR.NZD

I will be looking to take this pair long into this evening if it meets my rules to do so.

I will update this chart on multiple timeframes to give a better insight into what i am watching.

Comment

⋅ Apr 17, 2017 10:22 AM

4hr bullish RSI divergence has now formed.

Comment

⋅ Apr 17, 2017 1:27 PM

1hr bullish RSI divergence

Comment

⋅ Apr 18, 2017 9:24 AM

No trade setup for me currently on this pair, awaiting confirmation prior to this evenings positions.

Comment

⋅ Apr 20, 2017 1:34 PM

4hr pattern setup.

Comment

⋅ Apr 26, 2017 11:03 AM

A consolidation period on the 1hr TF is now expected prior to a push towards 1.600 even handle.

Comment

⋅ May 14, 2017 10:08 PM

H&S forming as we found strong support at 1.5100

Comments

nathanjpratt

⋅ Apr 26, 2017 11:10 AM

Would you recommend executing a long position?

UnknownUnicorn180388

⋅ Apr 26, 2017 11:12 AM

@nathanjpratt, I personally wouldn't

ManWithBun

⋅ Apr 20, 2017 10:48 AM

well done

UnknownUnicorn180388

⋅ Apr 20, 2017 11:24 AM

@ManWithBun, Thank you.

UnknownUnicorn902212

⋅ Apr 19, 2017 7:29 PM

going well now

UnknownUnicorn180388

⋅ Apr 20, 2017 11:24 AM

@SL-Collector, Great to hear :-)

ashafa

⋅ Apr 18, 2017 11:01 AM

There is tendency for this pair to touch 1.5070 before it will bounce

UnknownUnicorn180388

⋅ Apr 20, 2017 11:24 AM

@ashafa, It's certainly possible.

RobinHoefnagel

⋅ Apr 18, 2017 10:31 AM

@tomhall why do you switch between bar and candlesticks?

UnknownUnicorn180388

⋅ Apr 18, 2017 10:36 AM

@RobinHoefnagel, I mainly draw patterns in candles as it's visibly easier to see and draw, there is no analysis behind it just personal preference.