Hello, Please take a short look at this chart ! This pair is on demand level and could offer us a nice R/R, depends on your appetite for risk ! You could set your 1st TP at 0.64212 and second at 0.64450, the SL at 0.63818 I have a question for you and I will be glad to optain some opinions here . I want to make a group, it will be a free group !!! What kind...
Hello, Just a few words about this trade, on bigger picture, Daily TF , you can see the end of correction also 400 and 200 EMA will act like a S/R. I put my TP at the lower price of the day 0.63800, personally short this idea from 0.64522 and aim 666 PIPS, my SL at 0.64699 and my TP at 0.63856. Have a good day
Reentry on my view from 06/16/20 price finding support at H4 +ob see a retracement taking out buy side liquidity on previous days highs 0.69000 a level a lv to pay attention too also filling FVG that is shown on H4
This Kiwi had its break followed by a few days of pullback/correction Is it now setup to do its Bullish 5th wave up on the 4 hourly chart? Let's find out
G'day everyone! All the explanations for this trade are in the chart. In a nutshell, follow the arrow but be careful because we are tapping into an area of support. If the price shoots up and closes above the most recent highs we will close the trade for the time being and look for better opportunities. If you have any questions please leave them in...
I am still posting Part 2 of my COT Analysis. However, we have a bearish Deep Gartley that I charted what seems like months ago! the 886 lines up with the 88 swing point and the lower and the lower part of the PRZ. PA has tested the whole PRZ the HSI and AMP RSI are both at extremes. the HSI has conducted it checkback and now im waiting for the floor to open...
As you can see we have a triangle that is nearing its end. As a resistance we have an area that in the recent past has rejected the price several times. I look forward to drilling the triangle and testing the newly formed support area.
The 'kiwi' (NZD) is approaching a key fib level on the Daily time frame, is a sell coming? I enjoy studying this pair because of it's clean (obvious) moves in the market. With some advice from my friend 'Fibo' I am looking out for signs that price is going to reverse as it approaches that 61.8 fib level. Signs of reversal to look out for? Why I'm glad that...
FOREXCOM:NZDCAD HELLO TRADERS, REMEMBER TO REACT TO MARKET STRUCTURE THAN PREDICT. VIEW THE CHART ABOVE FOR THE ANALYSIS.
There is an increasingly Risk-on sentiment that is gradually building up which is likely result to strength of NZD, AUD against USD.
1. Price went up to 0.61579, formed Triple Top and retraced to 78.6% Retracement Level. 2. Price is waiting confirmation to break down towards 61.8% Retracement Level, or remain sideways. 3. New Zealand Retail Sales number just released, down -0.7% quarter-to-quarter, bearish to the Kiwi.
JUST WAITE 2 SCINARIO
Ascending Wedge (Bearish Pattern) 5 Impulse Wave Complete The bears are ought to push price down to 1.39 starting next week.
Short idea with great riskreward
Price has made a small bullish trend within the recent range (directly after a false breakout) An inside bar has formed right at resistance (4H timeframe) RSI not overbought Both ADX and DMI+ above 25 The play is to take advantage of the likely breakout to the upside *With tomorrow being the last day before the Easter break, it is possible we see very little...