SELL EURO KIWI... because a keylevel has been tested and is being retested. But we are looking at the downside.
CURRENCY PAIR: EURO/KIWI FORECAST: PRICE TO MOVE TO AS LOW AS 1.7850 CURRENT PRICE: 1.8000 SL: 1.8054
Due to a squeeze being made at the top of this channel suggests buyers slowing turn ready for the sellers to come in!
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...
waiting for break the consolidation in greenbox area
EURNZD has broken some consolidation to the downside as both AUD and NZD pick up strength with great coronavirus handling and exports to Asia are picking up now that those parts of the world are re-opening. Even though Europe and the USA are struggling and consumer demand isn't as high, production countries such as Vietnam, Indonesia, China, Japan etc... will...
This pair will retrace to the green line before dropping back to the yellow line Any feedback or ideas are welcome :)
Soon to break recent low and the support from early March? I think it's Bearish. We come from a crazy high which is coming off big time in last two months. Bit late to the show here, but I expect weakness to contiune, especially if we break the indicated level.
Once reistance is broken buy to next highlighted reistance level Price is retracing to previous level and divergence has been shown on lower TFs
EUR/KIWWI ANALYSIS 5/5/20 News coming out later today regarding NZD From there will see how this pair plays out. Expecting price to push down around 1.7850 region before taking a long trade to the resistance above. Great moves happening soon! Do NOT trade before taking confirmation. Stay Patient! Reminder: Drawing is only an idea of how the price will move,...
Price is currently trading in an ascending triangle and has reached the demand zone level with confluences of the 38.2 fib line and the support of the ascending triangle. There is potential that price will retrace from these levels and a very good opportunity to go long on this pair!! Lets see what happens during the week!
This projection target foresee will break some supports, this is due to this pandemic. The economy is getting weaker and weaker. Forecast will seen more far than what expected in few months. If you find this article and analyze is helpful, please like, follow, and comment if you have any idea. PLEASE NOTE THAT, THIS IS NOT AN INVESTMENT ADVICE, LOSS AND...
Plan: wait for the price to decelerate or 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 independent investment decisions. Traders!! if you like my ideas and...
there are many people thinks it's a good buy? really?? you must be joke! buy and holding won't work like this!
- Divergence 1HR Timeframe - 1 Confirmation - Within Strong SUpply Zone - 2 Confirmation - Head & Shoulders Pattern - 3 Confirmation - 1 HR Trendline 2nd Tap - 4 Confirmation - 1 HR (Bullish Trend) Break & Retest - 5 Confirmation - 1 HR Timeframe 8 EMA Cross Over 21 MA