8 Major Currencies 01/12/2023 Class A LONG (The moving average difference hits a new high after divergence reversal, and the colors of the moving average slope and the moving average difference are green. ): AUD Class A SHORT (The moving average difference hits a new low after divergence reversal, and the colors of the moving average slope and the moving...
8 Major Currencies 01/06/2023 Class A LONG (The moving average difference hits a new high after divergence reversal, and the colors of the moving average slope and the moving average difference are green. ): USD AUD Class A SHORT (The moving average difference hits a new low after divergence reversal, and the colors of the moving average slope and the moving...
JPYNZD – Short – Trend Reversal – Head and Shoulder. Entry: 0.011580 Stop Loss: 0.011672 Take Profit : 0.011481
Falling Wedge patterns along dominant down trend lines in yellow First pattern resulted in a break out, leading to the next pattern that is similar The break out will also be similar on this 2D timeframe
JPZ / NZD Located in a descending channel. He lost his support but was a fake and returned to the top of the support twice. Our prediction is that it will increase to the top of the channel and if this series loses its support, it will fall to the bottom of the channel. #JPY #NZD #FOREX #DOGE #BTC #ETH #LUNA #UST
Starting with the 4 hour timeframe, the yen is finally starting to show some life as the oscillators give several indications. On the larger timeframe (reference charts below) you can see we're also testing the descending support. For now, I'm not suggesting a complete a reversal put a possible pullback towards the mid-channel pivot is warranted. Let's now take a...
Hello ... have a good weekend ... the harmonic pattern is forming and the price is moving towards its formation, if we see a return candle, we will open a buy transaction ... this signal will be executed next week, be patient. ..
look for the smaller pattern to play out and then the bigger one , so one more move to the downside expected AUDJPY still the same based on the AUD and JPY currency analysis
Hello, Welcome to this analysis about JPYNZD, we are looking at the 12-hour timeframe perspectives. As I recently detected JPYNZD is forming this interesting structure with mainly this decisive descending-bull-flag-formation formed and the wave-count from A to C almost already completed in the flag-formation. Besides that, the wave-count in the flag and the...
Pretty much the same picture, as with CAD, AUD, JPYNZD is another longterm sinker, but it does not appear that there is even a X Wave to save it. I have outlined Fibonacci goals in purple, invalidation is in red if shown. This is a hobby to share my ideas with you, so do not take anything I ever say for financial advice. I suggest you learn Elliot Waves and TA by...
This majors based NZD index has been moving within a range on the daily chart between support at .7625 and resistance at .7825. Today's price action was indecisive near support. A close above today's highs, .7005, would show NZD strength and a move up to resistance could be underway. A break below would be showing further NZD weakness, as it has already moved from...
:) We can see a clear triangle break to the downside. Price is now retesting that key level and will most likely reject it for a move to the larger timeframe trendline! Then we might see a bounce off that more important trendline up long term.
breakout box strategy I often use to determine further direction
Hello traders! Here my idea is to wait JPY/NZD to touch the support line and then go long until our defined target. Always remember to wait for a confirmation candle before placing the trade! Furthermore, the RSI is almost oversold! Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!