i expect eurnzd to push up to 1.7400 region before it continues it bearish trend.
Same plan as my last scan after having SL, so -1%, we'll try to catch up. Good luck to all
Hey tradomaniacs, welcome to a new free trading-setup. EUR/NZD: Daytrade-Execution Market-Sell-Order: 1,71800 Stop-Loss: 1,72260 Point-Of-Risk-Reduction: 1,71450 Take-Profit: 1,70990 Stop-Loss: 47 pips Risk: 0,5% - 1% Risk-Reward: 1,75 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
Hey tradomaniacs, welcome to a new free trading-setup. EUR/NZD: Daytrade-Execution Sell-Limit-Order: 1,71000 Stop-Loss: 1,71500 Point-Of-Risk-Reduction: 1,70515 Take-Profit: 1,70000 Stop-Loss: 50 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
The right screen is never predicting before. Just a the best result at the history for confident to using for Trade. ------------------------ Risk: 1%. 1. The Long signal is calculate by the RSI indicator crossover 70, wait to Buy when the price corrects and crossunders the Upper Keltner Channel. 2. The Short signal is calculate by the RSI indicator crossunder...
can see a pattern that’s been going on
Here i will be looking for price to retest the marked level and further move bearish. A retracement of the bearish move and an extension
Plan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make...
Nice Descending Channel in Smaller TF. Looking for a big downtrend
Price is facing bearish pressure from our first resistance, in line with our 161.8% Fibonacci extension and horizontal swing high resistance, where it could potentially drop further to our first support, in line with our 161.8% Fibonacci extension, 78.6% Fibonacci retracement and horizontal swing low support. It is also worth noting that the Stochastic indicator...
UPDATE Just a few days ago we had a textbook Descending Triangle Pattern. If using partial Take Profits (TP1 at triangle height, TP2 is trailing stop loss with MA50), the 2nd position would still be running on this pair and adding another short would be questionable (depending on your trading plan, position size, currency exposure acceptance) Currently we...
EURNZD is facing bearish pressure from our first resistance, in line with our 38.2% Fibonacci retracement and horizontal pullback resistance. Price could potentially reverse at this level towards our first support, which is in line with our 78.6% Fibonacci extension and horizontal swing low support. It is worth noting that price is trending below a descending...
-Descending respectable TL, another retest expected -0.618 fib retracement -Previous support now acting as resistance -MA50 supporting bearish momentum