FX:NZDUSD   New Zealand Dollar / U.S. Dollar
135 7 2
double bottom , divergence, possible place for bounce in weekly
bullish signs in 30, slope HAS pattern, resistance becomes support
I expect move to 0.8580-0.8600 area
nice call on your 30 min chart - I was thinking it would sink lower
+1 Reply
itaskar kate25
Hi Kate, now I am interested in the weekly close, there is nice ascending wedge http://i.imgur.com/DGpSlL2.png , target for this pattern is the lowest valley. I will manage it with slope which is in idea this slope looks to working good
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kate25 itaskar
So you are thinking further down
Reply
Hi Itaskar !


In my opinion, I'll wait for more confirmation before trading a long contract on NZDUSD. It seems that the price bounced below 0.618 fib and followed the strong dowtrend wind.



I wish you the best,

Serge
+1 Reply
itaskar Mirandole
Hi pal, thx for comment..until the price is staying in this channel I am ok, I will start to be cautious when price will close below 0.8485
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itaskar Mirandole
you had to be in Serge :)
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Unfortunately, I wasn't.
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