I'm noticing the 200sma on the daily chart providing a level of resistance for the NZDUSD. Watch for short setups as long as price can hold beneath the moving average.
Literally missed the Cypher pattern completion by 5 ticks. Nonetheless, this could turn into a double top situation and reach the "technical" draw up or just crawl lower via HL/LH. #FFT
Dear Traders And Followers, Currently nzdusd in a bearish channel with continuation pattern. There is a potential sell area with bearish divergence. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
So... We have a Bullish Bat pattern potential completion @.6818ish handle.
DAILY DOUBLE TOP FORMATION AND WAITING TO BREAK WEEKLY SUPPORT
Buy above 0.6985. Stop loss at 0.6934. Take profit at 0.7092. Reason for the trading strategy (technically): Price has bounced up perfectly from our buying area once again and is on track to our profit target. We remain bullish above 0.6985 support (Fibonacci retracement, horizontal overlap support) for a further push up to 0.7092 resistance (Fibonacci extension,...
Hi traders!I hold a point:Good charts does not need more words to explain! Good luck!
Hi traders!I hold a point:Good charts does not more words to explain! Good luck!
I hold a point:Good charts does not more words to explain! Good luck!
Resistance cabe found near the 0.7210 region and this zone play a role as my SND as well. Any chances that the market come to the blue box region, I would short with a stop near 0.7240. If the market close higher that 0.7240 with a strong upward shaved bar, my MT Bearish Bias would be negated.
Sell below 0.7240. Stop loss at 0.7285. Take profit at 0.7176. Reason for the trading strategy (technically): Price shot up and reached our profit target perfectly from yesterday. We now turn bearish below 0.7240 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a drop to 0.7176 support (Fibonacci retracement, horizontal...
Hi,traders,I hold a point:Good charts does not more words to explain! Good luck TP2-0.71
AS YOU CAN SEE THE SAME SCENARIO IS REPEATING AND I AM THINKING IT WILL DO THE SAME THING AGAIN SO I AM PUTTING MY TP ON THE RESISTANCE ZONE @0.68800
Hello Traders ! Hope you are well, NZDUSD stuck under monthly channel. Along with support and Stoch over sold position gives a good picture to buy at current price thanks.