Some crosses might correct a bit while majors move (like this one - www.fractology.biz ) Buy if price breaks the trendline and correct a bit
Some crosses might correct a bit while majors move (like this one - www.fractology.biz ) Sell if price breaks down the trendline and correct a bit
After stop out in the previous idea. price finally complete ABCD Pattern and shows bullish divergent. and will take another entry in the smaller TF
ello guys, as you can see there's an RSI divergence and we are in a good support zone. Im going long. Target in the chart. Have a nice day best regards
EURNZD has been in a downward channel for a while now. Currently its very close to either reverse in a nice wave back up or a smaller correction wave up. Both scenarios can make nice pips and in the best case of a reversal we can see a possible 550 pips. Also the price is touching a nice support zone right now. Please Note however that due to the huge swings in...
The pair is expected to retrace to test the channel line and head and shoulder nick line and forming (B) wave of ABC correction to complete the (Y) wave of double zigzag waiting for confirmation on the channel line to go short Thanks and Good luck traders
Our previous long for bottoming out ttl made 1400pips nearly. This is a continuation of our mid-long term plan. Entry1: $1.54 Entry2: $1.53 Tp1:$1.61 Tp2:$1.69 Tp3:$1.76-1.8
Price action bounce of the Kijun-sen, further downward continuation is expected.
Our current EURNZD short is going perfectly as expected. I would like to close the gap on the current short but there are yet a few major supports to break through and I believe a pull back to a previous major support/resistance will be necessary. Therefore, this opens up the potential to a secondary short trade to take this down further. The 1W chart shows...
It is an opportunity to trade this Advanced Pattern which continues the trend
Here's a simple channel, if lows hold and the channel breaks I will buy this with one position with stops below the lows. You like? I'm going to risk 50-75 pips and target 150+ pips
1-Need to break the support level 2- Pay attention to round numbers
Hey traders, On the EURNZD 240 minute timeframe we can see that price has broken the bullish trendline. I'm not expecting a retracement back to the trendline / previous structure area for an entry. Cheers
My brief Daily & 4hr EUR.NZD chart analysis. I will be updating this pair on multiple timeframes to give a clearer insight into what i'm watching.
Idea: Testing strategy against the retrace using OBOS and stacking related time frames. I am expecting the retrace to have reached its lowest price limit and price to return to the daily up trend. Pros: Perfecting the entry will maximize the profits from the previous leg down. Accurately predicting retracement lows could also be useful for early entry until...