Long term bearish. Retest of bearish gartley before forming lower low
NZDJPY: NEW ZEALAND DOLLAR / JAPANESE YEN 4H
The price has been moving in the borders of the horizontal price channel for several months. Now we can expect a reversal from the support zone and it will give a possible buying opportunity. The exact trading signals we should search for using the hourly and minute timeframes. If the price breaks the support zone formed by the bottom line of the price channel...
Looking at this daily chart , price is moving in a sideways consolidation zone. Price isn't able to break the trend to form either new highs or lows. Price is currently at the support level of this ranging market. Looking at the red highlighted circle, we saw price form a bullish hammer candle followed by a shooting star before reversing and making a move to the...
Let's see which route will prevail. In case of the yellow one, I'm willing to short it around 70.00 with TP around 68.30. If it will go blue route, there's a chance for a short term long to around 70.00 (risky one). And if it will just flush below 68.30 ... well, will take a look then. Daily view: Disclaimer: this idea is solely for my own purposes, to satisfy...
NZDJPY has pushed all the way down the daily low. I see two possibilities for next week. 1) For uptrend to be respected we must not break pas the las low. For longs, I would like to see a bullish impulse and correction on lower timeframe. 2) For shorts, a break of the last low and support, a bearish impulse, and a correction wonder the support now resistance.
1) Price has broken structure at a lower time frame, wait for a retest for an entry 2) Daily EMA crossover 3) DIvergence 4) Price rejection from a major trendline
Alhamdulillah hi guys if u like this idea and u r agree with me please comments and share this idea if u want proper signal then contact me Allah bless u
when you look at the daily time frame you see a reversal pattern and if you are too quick to analyse you will think it is a sell, check the 30 minutes time frame it will confirm reversal for a buy, we can only on the 2nd resistance level that is when i believe it will create a head and shoulder formation, please remember i am not a Pro or Guru i just like looking...
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