GBPNZD back up to 199s + 400 pips GBPNZD has bounced right on our forecast level Trendline Combo and bullish 50 pip move conifrims that this pair is back up to 199s Relatively quiet week this week for GBP data and end of month today could make for some interesting moves up here on this pair have a great trading week all
Price at the top of channel. Expecting strong push to downside
NZDCAD Is at the resistance zone with RSI at over sold I'm currently expecting bears to come in and push the price lower . Watchout and trade with confirmation. Kindly like and follow for more chart setup updates.
Price is holding above the 21 EMA showing a significant bullish continuation. Price is expected to move upwards from the pivot level in line with the 78.6% Fibonacci extension and 61.8% Fibonacci retracement to the take profit level which is in line with the 127.2% Fibonacci extension . Our bullish bias is further supported by the Ichimoku cloud where price is...
Very straight forward approach on the technique we are testing simply we have had the impulse from the Fire Box or consolidation zone we now await the pull back into the logical area and then a continuation up on the up trend What are your thought........?
In this we are looking at the Bat Pattern Harmonic as you can see we watching the trend up Now we wait for the pull back into the logical area ready to push up from the logical area and its also a nice 50% area of this Bat pattern B area looking left see how we have HL trend forming beautifully on its way up to the D point this is where we wait for the pull...
NZDJPY is at resistance and lines up with the downtrend line here in the 4 hour chart. Also, I am seeing it forming an ascending triangle in this this time frame as well, which is usually followed by a drop. I have included a fib retracement as well to show us possibilities of where the pair might retrace after its bullish move from last week. Let's see where how...
Trade details are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous long trade also on the chart which hit TP. Trade history can be seen at the foot of this trade idea too for full transparency. Lets see...
UPDATE Hy Team we are here to Update about EURUSD. EURUSD is exactly Moving According our analysis after getting a strong bounce from Price level 1.175 This is on the way to our Target Price level 1.22 Keep in touch we will update further soon
On the monthly time frame, EURNZD remains under pressure with a breakout and re-test of its previous ascending support line. Looking at the H2 time frame, prices remain under pressure, holding well below its resistance zone at 1.69500 area, in line with the 50% fiboancci retracement. A pullback to test this area presents an opportunity to play the drop to the next...
NZD FUNDAMENTAL BIAS: BULLISH 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has benefited from the market's improving risk outlook over recent months as participants moved out of safehavens and into riskier, higher-yielding assets. As a pro-cyclical currency, the NZD enjoyed upside alongside other cyclical assets going...
NZD FUNDAMENTAL BIAS: BULLISH 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has benefited from the market's improving risk outlook over recent months as participants moved out of safehavens and into riskier, higher-yielding assets. As a pro-cyclical currency, the NZD enjoyed upside alongside other cyclical assets going...
NZD FUNDAMENTAL BIAS: BULLISH 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has benefited from the market's improving risk outlook over recent months as participants moved out of safehavens and into riskier, higher-yielding assets. As a pro-cyclical currency, the NZD enjoyed upside alongside other cyclical assets going...
NZDCAD. Wait for price to close above 0.88475 before entering long. Next, wait for a price action signal or rejection candlestick price 0.88475.
NZDJPY. Wait for price to close above 77.244. After the candlestick closes above 77.244, wait for a price action signal. Look for a pin bar or rejection candlestick at 77.244.
I was stopped out on this sell idea. Price printed a double top on hour 4 and I did trade it small, but i used a tight stop loss. In a way.... i guess that was a good thing. Im looking to sell this again and I have not entered the sell yet, but im looking to enter it soon. This is a downtrend and im expecting a new low here. This is why im looking to sell.
USDCAD, NZDUSD, NZDJPY are about to give us some profits