Not live trades. Unfortunately didn't take the short trade from the 1H supply zone, but seems to be working out well. Drop-Base-Drop with two candles in the base.
More confluence signify decreasing demand
Hey how is it going guys! Been a while since i last posted, been spending time in sharpening my own skills. Heres setup that is active. Trade with care
After a through analysis, I have found out a potential shorting opportunity for EUR/NZD. We should wait for a pullback before we sell. The pattern which is actually looking like a Head & Shoulders (SHS) is actually called a "King's Crown" . A SHS is called a "King's Crown" when the left bottom is taken out by the right bottom. You can start selling @ right...
A possible sign of weakness showing up. Support gets broken and turn into resistance zone that provide a good LRE trade PA is not showing retracement at the moment, should it just drop, I will not chase after this pair.
A divergence has formed on the MACD together with stochastic oversold conditions. I expect to see a rally back into the previous support level.
Lat week printed a bearish engulfing candle so expecting to have a retracement to the demand level between the 0.618 FIBO at 1.552 and 0.786 at 1.5338
Price broke below the lower parallel of the upsloping modified Schiff pitchfork indicating a change of behavior. Our view now is bearish and what we should watch for is a structure that will gives us extra evidence that sellers took control. A bearish flag is a great indication on that..! So wait for a correction and sell EURNZD
Looking for a last kiss short entry AFTER a rejection of the 4hr trend line. Could even break the trend line and retest the bottom and continue short.
For those who trade Elliot waves, this is an insane set up. We've seen a big selloff and a consolidation on the trendline after a full 5 moves impulse. Now its time to drop Para los que operan ondas de Elliot, esto es un setup increíble. Hemos visto un desplome seguido de una consolidación en la linea de tendencia después de 5 movimientos del impulso. Ahora es...
Hello Traders, EURNZD has provided a potential "playing field" for price to adhere to. Look for the Red S/R line to act as the magnetic force pushing price lower. Once that field is broken, look for the Green line to act as the next level of support. The Green line is our target with a more specific target area defined. I have provided a possible trajectory for...
THIS ABCD PATTERN INDICATES EUR MAY BE REACHING SLIGHTLY LOWER TO REGAIN PRICE VALUE BEFORE ONE AGAIN ASSERTING A HIGHER PRICE ACTION RANGE. AUCTION MARKET. LIKE IF YOU AGREE ! THIS IS ALL FUGAZI, MENTAL MANAGEMENT. WE THE REAL
Expecting every EURO pair to go down next week. Maybe not EURUSD cuz USD is very week. Lets swing this EURNZD Beast.
The bullish AB=CD pattern completed at 1.596 level and the 2.0REXT of B-C is at 1.595 level. Meanwhile The 1.618EXT of AB locates at 1.594 level. Additionally the Demand Zone works at 1.593-1.596 levels. So it is good to buy at 1.593-1.596 levels when price action gives signals in the PRZ. SL:below 1.590 TP1:1.604 TP2:1.614 TP2:1.622 and further more
I am thinking more upside, check out my previous analysis. But let's wait if it retraces or the level it's sitting at now is 50 fb level between a monthly swing high and swing low. A break above and we'll meet the down trend a rejection and we'll se the uptrend below. I'm keeping an eye on this one. And you should to :) Just an idea, not a signal !