The short-term picture favors another leg lower, as, in the 4 hours chart, the pair remains below all of its moving averages and with the 20 SMA extending its decline below the larger ones, also converging with a Fibonacci retracement, the 61.8% of the latest bullish run at 1.1235. Technical indicators in the mentioned chart have spent the first half of the day...
i believe we are going to have continuation to the downside on this pair.
NZDJPY, NZD 1k short vs 4k long last week i.e long erased. in Jpy no change in this week. weakness in nzd may cause to move down for targets 74.00, 73.40 & 72.50
daily downtrend has been exhausting after a push and is currently nearing a trend resistance level. Here i believe that price will start another push to the downside after the very big bearish engulfind candle last week.
Hey! Wait for a rejection from the strong area - red dotted horizontal line - and from the black trendline. On the Weekly timeframe, we have still valid Evening Star and the pressure looks more downwards. Short-term lower lows and lower highs will confirm that down "pressure" Do not forget to support my idea post by hitting the "LIKE button! Thank You! Have a...
Hey! We have a pretty nice reversal candle on the Daily chart - bearish Railroad tracks: The candle has formed on the pretty strong area: 1. Fibo golden ratio 2. Oled resistances 3. Minor channel trendline should act as a resistance level 4. Round numbers Who wants to trade this then use tight stops because today is the NFP time and also CAD have some big...
looks like the trend will continue on EURNZD ... after the close on this daily candle, there will likely be continuation of the downtrend to new lower low prices
USOIL, WTI, CRUDE OIL, oil price in range between 55.00- 58.00, high probability to break resistance level 58.00, in such case next target will be 60.00 & even may be 61.00
Hey! In the last week, CHFJPY made a breakout from pretty strong resistance levels. Now, the price has made a little throwback and we should have a nice buy opportunity. Several price action criteria matching each other in this box and as usual, it would be safer if we see a reversal/bullish candlestick pattern around the blue area. Please, do not forget to...
#gbpnzd is currrently sitting near a weekly resistance of 1.94516 and is retesting the area. It had a clean break to the downside, is retesting, and if the ceiling holds, could mean months of bearish momentum. With the setup that i have made, it is about a 300 pip risk before the Stop loss and a 2,250 pip gain down to the previous low of 1.68607. I think if you...
Hey followers and other TradingView users! Multiple price action criteria matching on the blue area. Wait for the rejection from the blue box. Perfect entry would be trendlines crossing area but overall the blue box should be on the decent area! Please, do not forget to support my idea post by hitting the "LIKE button! Thank You very much! Have a nice...
im expecting the trend to continue bearish for this pair. Here we have a highly respected resistance line and after this exhaustion, i believe that pice will continue to the downside
GBPNZD, pair formed two bar reversal in 4H time frame. nzd is storng, retracement in gbp/nzd completed. high probability for down move.
Hey followers and other TradingView users! EURUSD is almost on the free-falling mode and I would like to point out some important support levels where it could make reversals or at least scalping opportunities by using just a simple price action criteria. First blue area: 1. The orange line is the 2018 low point. Usually, yearly highs and lows are capable to...
Hey! There could be a small opportunity to sell on the blue area but we need a candlestick pattern confirmation to be fully sure about it. So, I will make an update when I see some bearish candlestick pattern BUT if I'm not online then those candlesticks patterns have to be at least on the 4H timeframe and those are - Engulfing, Shooting Star, Evening Star,...
#AUDUSD, @AUDUSD, aud/usd price being accumulate for bullish movement. price falling since last three days without volume, mean no supply in down movement. take two positions by dividing half risk on both, one for short term target while 2nd for longer term target.
regarding gbpusd best buy from near 1.2935 t.me