Entered this trade @ 08h NY time. See notes below for my whole top down analysis. Note: Before all this, I waited for the DXY to confirm bearish Price Action on the dollar. If the dollar wasn't bearish, this whole trade idea would be low probability for me.
-DXY CPI was decent numbers and its still bearish overall with low volume on USD -CPI is on Thursday and im sure the Big Banks are saving their money for that. -4hr Support reacted very well and we have clear rejections multiple 4hr candles Current long has strong possibility of 20 pips still .61570 Overall move is still a short and I believe it will be...
If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only...
nzdusd buy when reversal candle forming always wait for confirmation candle
OANDA:NZDUSD SHORT position can be taken in the specified ZONE There is no position before the ZONE
Am going to hesist the NZDUSD at bearish side. This is my plan to Loot the money in this method. I set my sell Limit at Moving average. when it trigger my loot will start.
We have placed a sell limit for this pair. Please see the chart annotations for details. This is for educational purposes only and should not be considered financial advice. Enter anything at your own risk and discretion. Have a good day! - LearnTryEarn
a flag is forming. keep on breaking this flag to prove the validity of that flag...risk management is the key
The Kiwi (NZD/USD) could rise towards an overlap resistance level at 0.6205 which has been identified as a pivot point. Could price stall around this level once again and potentially reverse to drop lower towards the 1st support? Pivot: 0.62056 Support: 0.61260 Resistance: 0.62706 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
Have touched previous highest high in 1 hour timeframe. At 15 minutes Timeframe tried to reach again at highest high of 1 hour timeframe and rejected. Now wait for entry point to one more rejection in 5 minutes timeframe.
Now the key moment in all this accumulation is taking place. I will definitely watch longs. I will probably watch longs in cross pairs as well.
Hello everyone, New week ahead. Looking forward to it! Last week we had red folder news. BTC is pumping, gold is following. I did my TA last night for my point of interset. If you look back at the charts, you can see why I am not putting limits. If I see a big candle pushing in my zone of interest, I am more than happy to watch how it goes and step in after liq...
On daily, it hit upper bond of my indicator. It also is making a Shooting Star formation, so far which is a Bearish formation. On Hourly, this is more visible and it seems the trendline is holding and rejecting the price to go downward. ****This post is for educational only and it's not suggesting any invest or trading advice.****
Sell Idea Dollar have LL from NFP Tereza Otrisalova, Nzd USD 📉 sell na cene 0.61690 / stop príkaz , alebo market / TP1: 0.61350 Tp2: 0.60940 SL: 0.62050 Rrr: 2
The Kiwi (NZD/USD) could rise towards a swing-high resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 0.62065 Why we like it: There is a swing-high resistance level Stop Loss: 0.62700 Why we like it: There is a pullback resistance that sits above the 127.2% Fibonacci extension level Take Profit: 0.61355 Why we like...
Price is dropping towards the support zone which lines up with the 38.2% Fibonacci retracement and the moving average, making it a solid level to see the price bounce from I believe a rejection from this level could propel the price to the upside