We are at bullish hourly trendline, this little down trend might make one more low, I'm looking to buy at the bottom. This is just an idea for now, this may look completely different by the time news drops.
I really like that we retested a Point of control (red line) and the institutional players pushed this up.
I'm just going with the signals, which are...
GBPNZD has broke above the 180 EMA line on the 1 hour chart showing signs of higher highs and higher lows. Still waiting confirmation on daily chart over 180 day EMA, but when it breaks 180 EMA on the daily chart should reach the 1.96 level minimum. Keep an eye out for break on daily chart.
GBPNZD has been bearish for awhile now and it has reached the .618 Fib level on the daily chart. With yesterday's move it broke the CTL to the upside. With the ADX above 20 and the StochRSI in the Buy Zone this is a good place to get in. Stop because the ATR is 112 pips a day makes the stop have to be below the 1.9000 pivot level. Target the 1.9618 to 2.000 level....
Price is approaching our first support (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce to our major resistance (38.2% Fibonacci retracement) might occur. Stochastic is also approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure...
Estamos en un punto muy importante para este par, respetando el nivel 78, con posibilidad de bajar al 88.1 para completar la linea de tendencia en nuestra bandera alcista. Espero confirmacion de vela y que rompa la media movil 13 hacia arriba en periodo de 1h
Alerta: Esta no es una recomendación para inversión. Solo es la manera en que veo este par, cualquier...
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Bearish break below previous support level.
Bullish waving market structure with several pullbacks.
Strong bearish market last couple of days need a pullback to the...