B-Z

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100 % forex
Top Mentioned Symbols
NZDUSD 60% | 3 AUDNZD 20% | 1 EURGBP 20% | 1
B-Z B-Z NZDUSD, 240, Short ,
NZDUSD: NZDUSD RSI channel break
15 0 3
NZDUSD, 240 Short
NZDUSD RSI channel break

I think it is perhaps noteworthy to look at the underlying strength/weakness of NZDUSD on the 4h timeframe. Although price is still within a rising channel, the RSI has already broken down below the lower band of it's channel.

B-Z B-Z NZDUSD, W, Short ,
NZDUSD: NZDUSD - Weekly Engulfing candle
47 0 2
NZDUSD, W Short
NZDUSD - Weekly Engulfing candle

This candle sits in the lower half of the channel on the biggest volume bar of the past year. Strengthens my thinking of a channel break to the downside as per previous post on nzdusd.

B-Z B-Z NZDUSD, W, Short ,
NZDUSD: nzdusd - possible channel breakout ahead
51 0 1
NZDUSD, W Short
nzdusd - possible channel breakout ahead

If price breaks down below the lower band of the channel, it could target the level from where the channel originated.

B-Z B-Z EURGBP, D, Short ,
EURGBP: eurgbp - gaps get filled
32 0 2
EURGBP, D Short
eurgbp - gaps get filled

Think it's quite possible for price to target just below the 61% fib

B-Z B-Z AUDNZD, W, Long ,
AUDNZD: Inverse H&S on audnzd
34 0 2
AUDNZD, W Long
Inverse H&S on audnzd

Weekly chart Failed Inverse-H&S followed by another smaller IHS My guess is price will target the 38 and 61% fib levels.

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Euro Fx/British Pound
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