hey traders, NZDUSD is currently approaching 0.643 major resistance level . If daily candle breaks and closes above this level with a very high probability, we can expect a bullish continuation to higher structure levels. Next key levels of resistance are: 0.645 0.657
hey traders, NZDUSD is currently approaching 0.643 major resistance level. If daily candle breaks and closes above this level with a very high probability, we can expect a bullish continuation to higher structure levels. Next key levels of resistance are: 0.645 0.657
Place buy stop above 0.6436 and tp @ 0.692. RRR is 4.5. Good Luck. Be patient!
The pair is on a 1D descending channel (RSI = 54.741, MACD = 0.001, Highs/Lows = 0.0000) that made a Lower High last week but we expect to break higher due to the larger 2 year formation on 1M which is a Descending Triangle. This calls for a Lower High within the highlighted zone (red) before a deeper decline towards the 1M Support. Our target is 1.05000. **...
Pattern: 1D Channel Down. Signal: Bearish as the price has crossed the 1W Channel's middle. Target: 6.0300.
The last trade on AUDNDZ went phenomenally well! Now I am trying to catch one more bounce from the identified zone of supply. Those we see a formation of dodji and nice rejection I am waiting for rsi to be oversold with divergence. And only then will take action. However, stop will go strictly below the zone: 1.066 Target levels will be: 1.072 1.075 If you...
The pair has been trading inside a 1M Channel Down since April 2018 (RSI = 41.844, MACD = -0.013, Highs/Lows = -0.0075). It appears to be replicating a pattern previously traded in May. This suggests (along with the 1D RSI which is peaking) that a pull back is due towards 0.63000 before the final 1D bullish leg towards 0.65300 that will price the Lower High (red...
Pattern: Channel Up on 1D. Signal: Bullish due to an identical RSI occurrence. Target: 0.6400 (1D Resistance).
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6350). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6350). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Hi there. Price is moving impulsively to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
clear rejection from 2.05 level. GBPNZD will most likely continue retracement to lower structure levels. Buyers are closing their positions and structure traders open short trades. Key levels for short trades are: 2.0 1.98
If you like the short scenario you can look for accurate entry under 5-Months and 1-Years Highs. Potential profit will be in 3...5 times bigger than risk. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
The price made a false breakout of 5-Months High 2.000197. It's huge chance it will bounce! Potential profit will be in 3...5 times bigger than risk. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6302). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6302). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....