Hello traders! This is a Tag&Go setup long, a buy stop order, set and forget style is right on the red line at 2.02042 The red circle is the stop and 1st and 2nd targets are in green up high. Best, Jay
The weekly chart above puts GBPNZD's entire decline since August 2015 in an Elliott Wave context. As visible, the currency pair spent almost 15 months to drew a textbook five-wave impulse. The pattern is labeled 1-2-3-4-5, where wave 1 unfolded as a leading diagonal, and five sub-waves of wave 3 and wave 5 are also visible. According to the Elliott Wave theory, a...
GBP/NZD short Entry 1 2.0130 Entry 2 2.0160 Sl 2.0190 Tp.1 1.9940 Tp.2 1.9900 Tp.3 1.9840
See chart for illustration This is a follow up on a long term speculation of the pair published earlier ( see link below for reference purposes)
OANDA:GBPNZD Price was in a short-term corrective phase of lower lows and lower highs - although price seems to want to pull back once again to med-term downtrending resistance due to inverse H&S Pattern. Long term, we are in a phase of higher lows and higher highs (BULL) Price has perfectly wicked off of H&S Support. I will enter LONG when price breaks H&S...
See chart for illustration Lower time frame speculation will be published soon as price action is been monitored
bearish bat. waiting for PRZ zone
We had a good push down off of immediate demand and looking for tight stop continuation.
-->> broken daily support -->> wait for correction -->> sell after correction
DACAPITALTRADING V2.0: WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY! - 1 HOUR Small upside momentum right now 4 HOUR Bearish waving market probably we will see new lows before heading back up DAILY Bearish market found support right now. OVERALL Expecting...
Hi Traders, The GBPNZD daily chart above revealed that the sell-off from the high at 2.0476 to the low at 1.8132 was an Elliot wave impulse structure, labelled 1-2-3-4-5. According to the theory, a three-wave correction in the opposite direction follows every impulse. . The retracement after the impulse unfolded as a W-X-Y double three corrective structure with a...
Easy few pips here, wait for bounce or solid downward price action...
looking good to sell . respecting a very strong resistance