Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential Short position for at-least 600 Pips, It has a potential for 1500 or more pips, the minimum expectation is 600 Pips from this trade ! I am following this pair for quite a long time now and already made a good profit. I'm already in this trade and keep adding new short positions if it goes...
Price is in a firm uptrend however we can see a short term decline with 2 failed tests of the bearish trend line. RBNZ decision may weigh on bullish momentum as marketing wait for Wednesdays decision. Let's monitor price action to see how things develop over this key week for the NZD!
GL guys.... Likes, comments and shares are much appreciated, thanks for all the support you've given me over the past few months and glad that everyone had a lovely week back with me on gbp/usd. www.tradingsignalreviews.com
the price is still in a downtrend inside of 2 trend channels, if price doesn't drop at the 1st channel, it will most likely drop in between the 2 channels
Morning chaps.... Long term view on nzdusd moving forward, if this channel and .236 fib is broken earlier than expected, no-brainer to be short till .62636 www.tradingsignalreviews.com
Get Ready for a bigger dive in NZDUSD in coming days. See a bearish butterfly pattern being formed in 12 Hourly Chart. Slight 250 Pips upside, and than a good zone to short at 0.6880 - 0.6900 Levels. I am looking at a dive towards 0.6250 Levels in coming days/weeks.
NZDUSD is testing March 2011 levels (.7108). Sentiment positioning shows +3.88 as nearly 4x as many traders are already long the pair vs shorts. When used as a contrarian signal, that means we have a future supply of sellers who would need to close their long position should this move materially lower. This appears to have room to run as well should a...
NZDUSD A MOVE TO 0.8100 (YEARLY PIVOT) ON A BREAKOUT OF TRENDLINE, PULL BACK AND CONTINUATION. ** Check out Dollar Index analysis and commentary
i've been following this pair on the hourly time frame for some time now, and notice some inconsistencies occurring, so i went to the higher time frame and saw this setup. currently the price is trading at a strong support level(support because i'm viewing the overall structure bullish trend) so if price break past this level, i'm looking for a reversal at the...