Price has hit our long term targets at the bottom of previous structure and since has found support at the level. Will we see NZD strength prevail and price break further to the downside for the rest of the week?
Have a great trading day.
Possible trend continuation long setup. Take the trade if you see a curve with a double bottom. Avoid if right side looks like a re-test of trend line. Usually a sell if that happens. Usually a very big sell.
My chart is busy, but I've had many of these support and resistance levels in place for some time. They have confirmed and reconfirmed themselves time & again. That goes for they key diagonals as well. I'll elaborate...
The fib that we defined during the 2019 bull run certainly contributed to the current reversal we experienced at ~7373, but there were other...
With the devaluation of currencies globally and negative interest rates plaguing over 25% of sovereign government interest rates, Gold has come back in favor breaking their resistance of $129.00. Broad indexes are at all time highs and fear of devaluing currencies will create a run for a "store of value" trade which can also be perpetuated by a "fear trade" where...
Eur/Cad has been on a nice downtrend for the past day. The 4hr has a lot of room for a retest on the previous low, but to help get a nice trade to there, can possibly enter this, all in max leverage short.
down to like 1.476
Following the aftermath of Article 50 being triggered, EURGBP was bullish in favour of the Euro with Pound weakening and Dollar short term strength after the whole shebang - GBPUSD. Here price tested trend structure where support price action played out well. Price is currently trading below 4HR Breaker candle as well as the previous day equilibrium to retest and...
3xMonth previous May 2015
March sales volume a little more the previous buy volume
April sales volume passed the middle of previous sales
May sales volume 3/4 less previous sales