Pair: NZDUSD Prediction: Short / Sell
* NZDUSD > Chart: H4 > Trendency: Up > TrendLine is broken > Waiting for breakout the Resistance
GARTLY FORM ON NZDUSD H4 ENTRY... 0.6393... TP1..0.6414.. TP2... 0.6417.. TP3... 0.6451... SL... 0.6370
Follow ArrowPips :) Wait for bullish breakout from strong support.
Een paar dagen geleden is de "Neckline" gebroken en daarna heeft de prijs geen "Higher High" meer gemaakt. Dit geeft ons een indicatie dat de prijs verder zal zal gaan dalen. Wellicht een goed moment om een trade te plaatsen en te zien wat er gebeurd. Tenminste zou de prijs vandaag een "Lower Low" moeten maken.
NZDUSD break the Structure (Keep Watch Retest) Target .6733 &.6760
Pair: NZDUSD Prediction: Buy / Long Target: 0.66100
NZDUSD has been travelling in a descending channel for quite some time now, until last week when it broke out of the channel to the upside, We are expecting price to come back down to retest the channel before making its way up to 0.66800 region.
Two weeks ago, I stated market is getting ready for a buy as it entered oversold region of RSI. This is an update for entry area to buy up, RSI bottomed at 27 reading and market hit a good support area as depicted in it's history. Market has now retracing down to possibly form a double bottom as it often does, then a good uptrend likely to follow. Will try a...
Market getting ready to change trend for a buy . RSI signalling oversold at 37 reading. Get in on buy and enjoy your profits. Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
So currently the price were somewhat exhausted at 0.68. If this line holds, it open the posibilities of price creating a symmetrical triangle for the pair.
So, what i think is that price were continuing rejection last week. The problem is that currently price were respecting the minor support at 0.6869. Its important to understand what the price says about this line, which yet remain to be seen.