my outlook on NU this upcoming week. NU has been moving with the trend beautifully and will most likely continue to do so for another while. make use of it while its still here
as always, follow your trading rules and position yourself wisely
Hellooo...My Dragon Friends
I see may be create SHS (shoulder head shoulder) Pattern or Double Top.
We need some confirmation
Lets See
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#OutLook 21 to 25 September
Dear Traders Today We Have an Analysis Of NZDUSD H2. This Analysis Based On Price Action Theory.
According to The Analysis, We Can See After the Bullish Move Market Give the correction with the help of trendline As well As Market Already Improved Previous Support Level So We expect Market Will Reach Next ➡️ Target(support) @ 0.67173 &...
NZDUSD has breached a major weekly level. The upper trend line was also rejected. Looking for a retest back to the lower trend line and possibly a break of that trend line. -StampsFX
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FX:NZDUSD #NZDUSD we have recently observed a price break from the inheritance wedge formation. The break from this formation did not reach the price to the upper limit of 0.6624. Resistance determined by the upper limit of the inheritance channel. The price is now close to the level of 61.8% Fibonacci, and the support set by the horizontal line.
NZDUSD the pair fall again after there was no hawkish statement in emollient parliamentary testimony, The pair shows sideways trading since morning keeping its stability above 0.6900 level, As technically the pair trading above support zone 0.6852 with the double bottom candle pattern on Daily time frame, we can see rally to test 0.6980/0.7710, Longer-term...
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,...
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...
