I now looking for good entry short after it bounce on pullback on previsous support which now become resistance.
ECB interest rate announcement and forecasts for headcount and QE due very soon NZD rallying off the back their central banking appointment Failed to stay in the channel and broken to the downside now - two take profits showing Thx
This pair is going to drop mega hard.
At long term resistance on the daily chart. Bearing divergence on the daily and the 4h charts. Also at the upper edge of the 4h ichi cloud. Trading short down to the bottom of the cloud with also corresponds with previous resistance.
Im not sure D leg is solid.I po this idea when price hit the 1.272 extension of AB. Trade with care.A little goes a long way. Good luck.
Retracement during uptrend. Target: 1.6730 Stop: 1.7550 Long to be estabilished @ 1.6730
ITS A BIG TRADE LETS WAIT FOR IT TO FALL FROM SKY. GOOD LUCK TRADING.
Price was testing Support @1.71500 So Probably the Price will go up to touch the next R For mire information about strategy Please contact Me
Spotted a Shorthing Divergence operating this on my demo account. Lets see how it plays off.....Happy Trading Everyone!!! Have a nice Weekend!
short eurnzd short time 1-2 day just pass or been on weekly-monthly resistance overbought in many indicator h1_h4 Eurusd also much overbough and up too fast and i not see a real upbeat in GDP and CPI so a small correction is legit even the NZD is very weak short at 1.7087 target 1.6990 profit =97 pips No sl (just monitoring) all time in 2 positon..when 1...
THE GENERAL TREND IS UP AND WE CAN TAKE A BUY POSITION TP 1.70200 SL 1.66100
EUR/NZD has hit fresh 3-week lows at 1.6622, intraday bias lower. The pair is on track to close in the red for the 3rd successive week. Technical studies are bearish, RSI and Stochs are biased lower, we see a bearish 5-DMA crossover on 20-DMA. Weekly charts also show bearish picture. Stochs and RSI show rollover from overbought levels. We see scope for test of...