Remember guys, When trading keep it simple. I taught myself trading. Just is January, I was horrible but my goal was to achieve this skill... The key to trading is patience and keeping things simple.
Look to short NZDJPY. On both NZDJPY and NZDUSD you will see a double bottom. (Youtube how to trade double bottoms )
Plus you can see this is a rising trend. Higher highs , higher lows. (NZDJPY) so price broke out of of an uptrend, look for price to sell to support.
you have a trendline support and horizontal supports. To know which support we may sell to, just draw a resistance and support trendline and trade within that trendline.
Look to short NZDJPY. On both NZDJPY and NZDUSD you will see a double bottom. (Youtube how to trade double bottoms )
Plus you can see this is a rising trend. Higher highs , higher lows. (NZDJPY) so price broke out of of an uptrend, look for price to sell to support.
you have a trendline support and horizontal supports. To know which support we may sell to, just draw a resistance and support trendline and trade within that trendline.
Comment:
Price is currently flagging, and hitting resistance.
Comment:
falling to support... daily pivot point 76.238 and possible daily support 1 @ 76.016
Comment:
seem to be forming a widening triangle.
Comment:
NJ seems to like playing with us...
Hmmmm, is this a rising wedge?
I see divergence on the 4H MACD
Hmmm for same weird reason I feel like this
may buy, hit the resistance on the daily TF then fall.
Hmmmm, is this a rising wedge?
I see divergence on the 4H MACD
Hmmm for same weird reason I feel like this
may buy, hit the resistance on the daily TF then fall.
Comment:
yip it did buy then fall