Hey tradomaniacs,
NZD/USD has just tested a potential strong zone for bullish confluence.
If the stockmarket calms down and retraces back upwards we might see a bounce here and a continuation of the previous breakout!
This pullback stops out retailers and could give bank the liquiditiy they neecd to buy!
I`m watching this level carefully - A breka below...
Hey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
NZD/USD: Daytrade-Preparation
Market-Buy: 0,68410
Stop-Loss: 0,68080
Target 1: 0,68680
Target 2: 0,68940
Target 3: 0,69150
Stop-Loss: 33 pips
Risk: 0,5% -1%
Risk-Reward: 2,36
LEAVE A LIKE AND A...
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...
Middle wave B Is 3 3 3 Flat combination
I Will End Up on Weekly Chart As this ::::
WXY Where X it self = abc
Another WXY = 2nd Flat With X = abc
Another WXY = 3rd Flat it Z wave
Total Combined = (A Flat ) X (Flat) Y (Flat) Z = B Complete
I am long on Weekly Chart From 0.6800 Level till Z wave 0.76000
Wish all of you marry XMas ,,Happy Holiday...
