Since US-China trade war is still apparent issue in the global markets, it is possible that nzdusd might retrace down to its lower lows.
Hey traders ! Based on this analysis , right Now should be good time to Buy GBP/USD. Why ? Accumulation of : - Breakout & Retest of bearish channel (in black) - Fib/Support zone / standard deviation confluance - Bullish channel retest - Ema crossover confirm the new trend - Mini H&S Good luck Traders ! :)
1. DownTrend, but reaches at support line. 2. MACD, you will see a divergence in H1. 3. Created Butterfly Harmonic Pattern. 4. ready to buy after confirmation.
Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We,Genesis Trading...
Bullish Bat With RSI Divergence ... BUY at H1
Hi Guys This is potential Gartley On AUDJPY H1. SL : 80.63 TP1 : 79.808 TP2 : 79.510
Alright so, the question that everyone have been wondering, is this the bottom ?! Well I wish I knew, but it does look good to me, let's take a look. On D1 chart as you can see, we can't break the 6k-6.1k support range and we keep making higher lows following the trend. Talking about trend, we are close to breaking 2 old upper trend, the grey one is from the 11k...
Weekly (pink): We are currently in wave 4 of the weekly structure. I expect wave 4 to complete to the top of the structure before we will see whether there will be a break of the structure to the upside on this wave or whether there will be a 5th wave to the downside first. Daily (blue): We are in wave 3 of the daily structure. Interestingly the target for...
The anticipated wave II reversal is underway . Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your...
Found a pinbar at H1 after the price touch area that I perceive as "supply zone". Disclaimer: I use paper trading.
NZD/USD H1. There can bounce from the 23.3% fib level to 1.618%. OR if price break lower TL. We can expect deeper retracement to 50% or 61.8% fib level.