I see it go higher up fib retracement 61 39 pips sl...
But may be more or less at the end of the latest fractal pattern. I am reluctant to determine goals at this stage, as we have moved relatively alot and relatively over a significant period of time. Still, no pivot in sight, and unless we see a hard reset we may enter the nebulous territory of so called X waves. I am watching this one intently.
Price is nearing the resistance and the trendline cross over, also the RSI is around 70 and has touched the overbought level. It has now only just dropped out of the overbought level and the price has stayed the same with the last two candles so this could hint a possible consolidation around this area as there are wicks on both sides of the candles being fairly...
price reach support line on daily time and form a number of reversal factors: *price break current H4 trend line resistance *possible inverted head and shoulder form -entry at inverted head and shoulder right shoulder that lines with the support line been broken and retest -entry after price break inverted head and shoulder neckline+support line and retest it
catch this sell signal on NZDSGD! R:R 1:4 Max Risk 2% ONLY Goodluck
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.909). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDSGD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.909). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDSGD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Hi All , our free trade for the week is NZDSGD ! which is a buy limit . SL marked and entry . Many thanks