Hi guys, this is a trend continuation trade: you can tell this simply by looking at the last price moves. The recent downward movement created a new low in the 4H chart, so we are now setting our mindset in bearish condition for we'd want to hop on the trend as soon as price gives us the opportunity to do so. In this case price has created a double top on the...
Break of triangle and here we go for 300 PIPS in long term. We share lower time frame charts to elaborate multiple profit ideas Let's Watch !!
Kiwi is forming to intersting setup. We can see Daily/H4 trendline and double bottom forming on lower times for break up trendline, retest and trendchange or it can fall down by bouce by the trendline Keep eyes on NZDUSD guys.
Buy above 0.6992. Stop loss at 0.6955. Take profit at 0.7091. Reason for the trading strategy (technically): Price is now testing major support at 0.6992 (Fibonacci retracement, horizontal support, Fibonacci extension) and we remain bullish above this level for a push up to 0.7091 resistance (Fibonacci retracement, horizontal overlap resistance). When price...
Simple analysis from me thanks for the view and like.... Told me if im wrong on this help each other we have same target to MAKE PROFIT. hakimmahmud.com
Yesterday I mentioned the 0.7040/5 area on the NZDUSD. The idea was to watch for a session close (5 pm EST) below the area to confirm it’s holding as resistance. After jockeying back and forth for several hours, sellers made a final push that gave us a 0.7041 close. This is enough to keep the bearish pressure intact for now. For those still searching for a...
Not the best, but let's see. 2.5:1 short. Flag goes to 23.6, not my favorite. Small position.
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!
Buy above 0.7176. Stop loss at 0.7137. Take profit at 0.7240. Reason for the trading strategy (technically): We prepare to turn bullish above 0.7176 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7240 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (21,5,3) is seeing strong support at the 10% level...
Buy above 0.7176. Stop loss at 0.7137. Take profit at 0.7240. Reason for the trading strategy (technically): Price has dropped nicely and is reaching our profit target perfectly. We prepare to turn bullish above 0.7176 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7240 resistance (Fibonacci retracement, horizontal overlap...
Buy above 0.7119. Stop loss at 0.7044. Take profit at 0.7242. Reason for the trading strategy (technically): Price is approaching major support at 0.7119 (Fibonacci retracement, Fibonacci extension, horizontal support) where we expect a bounce up to at least 0.7242 (Fibonacci retracement, horizontal swing high resistance). Stochastic (21,5,3) is seeing strong...
We see the price moves between the range of 0.7250 to 0.7100 for few more days before a big fall to 0.6950 - The setup invalidates if the price breaks 0.7350
price has broken below the trend line and MACD also giving a sell signal. Target is just before a tough are of support
Hi,traders,I hold a point:Good charts does not more words to explain! Good luck TP2-0.71
The neckline to the double top pattern at 0.74 has once again come out on the winning side, the confluence of the daily up sloping channel and a descending one. The formation of a daily shooting star adds proximity to a hurdle. With the weekly RSI closing in on resistance, upside is likely to remain capped. In the short term a correction towards 0.7060 of the...