Hey Everyone,
Please see our updated 4H chart levels and targets. We have also added a axis trendline (our unique trendline drawing method).
1962 has provided a nice suport bounce last Friday for a push up and test to 1982. Price closed at 1977 with a detachment below to ema5 also close to the retracement range and a likely test to 1982 again is also a likely...
Hey Everyone,
Update on our 1H chart idea. We got our first Bullish target at 2013 and then followed with a push down into the retracement range, as highlighted on the chart. The retracement range held perfectly, as support with a nice bounce up.
We will now wait to see if the support provides enough momentum for the full range test back to 2013 - 2025. As long...
FX:GBPNZD
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
NZDCAD sell setup.
Indicators: Downwards trend and support has not yet been hit.
Entry:
1. Look for a break below 0.8738 area for a sell confirmation.
2. Sell retrace at 0.8796 area.
TP @ 0.8565 but I recommend taking 40-50 pip increments as you trade down.
Good luck trading. Please like these free analysis so others may benefit from it.
Let me know how I can...
