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NZDSGD analysis
As you can see, this currency pair has rejected its resistance. I expect this currency pair to grow to the previous level
The New Zealand Trade Balance for August was reported at -NZ$2,144M monthly and at -NZ$2,940M 12-month year-to-date. Forex traders can compare this to the New Zealand Trade Balance for July, reported at -NZ$397M monthly and -NZ$1,100M 12-month year-to-date. Exports for August were reported at NZ$4.35B and Imports at NZ$6.49B. Forex traders can compare this to...
am looking for a buy on the smaller time frame continuation correction as the market is out of bigger time frame resistance trend line...
il upload a video doing the whole analyze..
ascending triangle
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns.
Every time when the market breaks out through a certain resistance or support level,...
the price is making higher higher and higher lows
after the retracement, i will monitoring the price action on the hourly time frame.if the momentum will shift from bearish to bullish i will be taking a nice long with good risk toreward
