Buy idea for NZDUSD. Sorry for posting so late I was caught up. We see a beautiful retrace (which we also caught) after a massive push up. Retraced to the 50% Fibonacci level and made a strong level of support with substantial rejection. After the initial "tap" of the 50%, we see a new high created, followed by a higher low, and then a break of structure. It then...
As you see on the chart H4 above, this pair have many technical analysis to going down...
My first trade idea on here! Welcome. NZDUSD showed HH's and HL's throughout the last couple of weeks. Each push up was followed by a retrace of at least 30-50 pips. Watched the H1 and M30 create a double top at a major level of resistance on the D1 and H4. Waited for a Bearish engulfing on the higher timeframe (H1) and a Break of Structure on the lower (M5-M15)...
On the daily for NZDUSD it formed a cup with handle trade and with a nice break out to the upside, i'm looking for longs on this trade. I am waiting for a pullback on the 1 hour or 4 hour.
It look bullish and wait it can pass Green dash line or not ...
Hey Traders , I see H&S on H4 , Also i dont believe so much in patterns thats why we wait the confirmation . If candle close below 0.68375 its signal that the trend may reversal . On daily we see that the price fake out on the trend SMA 200 . If the price close above this level we may enter on bullish bias . We are waiting the price action to provide us the...
On the daily chart of NZDCAD, a bearish divergent bar was formed. Looking at the subwave structure of the latest global wave there was a completed 5 wave structure, which makes the signal more promising with the target in ABC zigzag. Going short if the price breaks the low level of the signal bar.
NZD/USD SELL, Sentimental: The support zone that I was following for higher-low support came into play early this week. Bulls came in and have remained in control ever since. Buying at this point does not seem prudent as the pair is now at fresh five-month-highs, and a pullback can be in order for bullish strategies. A prior target level around .6819 could...
Nchf is pulling up off the 618 retrace (zone), which wouldn't have been a bad place to buy, but it looks to have completed a contracted running flat.. The yellow line is the 38% retrace, which would better line up trend lines for an ending pattern should it reverse, were it to break the low.
GBPNZD - price has breached ascending channel , looking for price to continue to the down side
Month = Bullish Weekly = Bullish Daily = Bearish This is my Ghost Projection of what could happen in the future , Loads of bounces and retest , but moving higher and higher.
As shown in the chart above, there is a chance for this rebound pair. Pay attention to invalidation in the last low area ..
NZDJPY has found support at the key weekly level of 72.40. If you take a look at the weekly chart you can see the long term trendline resistance above. Looking at the 4hr timeframe we can see the market has bounced and could be setting up for as an inverse head and shoulders pattern which could show upside to come. Wait for the market to create a new higher low...
1. 3 touches on the trend line 2. 61% fib 3. Ascending wedge = bearish 4. Key level I see this bad boy dropping. *Trade at your own risk. I am not qualified to give financial advice. This is simply MY PERSPECTIVE :)
Here is next channel and it's will be ''new'' beginning. Wait until final breakout and go to BUY. Wish you good luck and profitable day!