waiting for price action to play out and retest trendline before entry
WEEKLY RETRACING, POTENTIAL SELL COMING SOON
#NZDUSD labeled in a bullish sequence in Intermediate (C) (turquoise), with Minor 1 & 2 (green) marked as complete. Minute II (green) should be complete or about to finalize, thus leaving room for Minute III (green) to start its bullish swings very soon. Kiwi Dollar should rally from here. If you like my work, please support me with a like. More details in my...
- Price is currently sitting on my D Level of support - Inverted hammer pattern sitting on S - I have Intraday Target levels for TP levels. - Being aware of RBA Monetary Policy Statement (HIGH IMPACT NEWS) on 08/02/19
can see here is at 71% fib zone and major resistance looking to close daily as bearish engulfing seeing a good sell opportunity long term swing trade taking partials along the way great risk to reward.
I'm really liking the look of this projection for an impulse wave UP for NZDUSD. The wave 2 retrace was just barely shy of 61.8%. Would have liked a touch, there, but it's close enough to play in my game. Fib projected targets line up beautifully with visual support and resistance levels, as well as volume profile value areas and POCs. I'm going to jump in and...
15 MINUTE CANDLE FOR LONG ENTRY, UPTREND CONFIRMED BY MA, PRICE ACTION BOUNCING OUT FROM FIB LEVEL 618. S/L 9 PIPS
LONG NZDUSD Entry @0.68113 Target 1 @0.70377 Potential Gain = 226.4 Stop @0.657 Potential Loss = 135
After we now have finished an equal lenght upmove pair we are right in the zone that looks interesting when you look left (i dont like to call that resistance or anything like that...). We are at a decending trendline as well. Look for the orgin of the downmove to determine where your stopploss must go. Dont trade more than 1% risk. Learn how to calculate lot...
Recently had a 4 touch S/R flip. The Daily MS is bullish along with the current hourly. Setting limit orders to enter on a pullback on the top of the previous resistance. I have set take profit at first area of resistance, which will "pay" for half my stop. The next take profit is at the next Daily resistance.
Buy Limit 76.286 STOP: 76.093
looking at price to break this uptrend and retrace back to at least the previous low. price is pretty exhausted .685 area and we are seeing it lose steam with some pinbar closes.
Hey, too lazy to take screenshots of my trades and keep track of them on my PC :) I think I am going to post some of these here, at least when I focus on bigger moves that take more than a couple of hours. Now I cannot be dishonest trading view will always remember :o There is something wrong in the matrix, I sense great trouble in the force. Stock markets are...
Divergence H4 + HnS m30, a good drop is coming.
In my humble opininon, the instrument has started a new bearish cycle on the hourly chart after ABC zigzag. Looking to updated the recent lows. What are your thoughts?
There was a false break out to the upside, that was silenced by USD strength. Currently this pair is now trading beneath both trendlines, which i have removed from this chart to prevent over crowding. The 4hr bullish trendline is still showing, with the pair now trading below it. The pairs is printing lower highs, and the sellers are in control. Given the...
The Kiwi Dollar has been pushing the Yen higher. My previous short bias was stopped out, as the market ran straight through the bearish resistance line. We now have a clean break to the upside, with several key levels the market will be hunting out. There isn't a huge amount of protection to use as a stop loss guard, so this is a higher risk trade. If we break...