NU is still respecting the Cypher harmonic I called earlier this week!
If it stays true, we are still in to catch 300+ pips!
Drop down to lower timeframe and you can see somewhat of a retracement.. I believe price may go back to test the trendline I drew off the hour or go back to test the newly found support. Great long opportunities! BYOT!
Off the daily, we have a nice ascending triangle that has formed w/ a pretty solid resistance!
A breakout is about to happen..
I'm predicting price will go long based off of my technicals, but let's not get obsessed in which way price will go. Just be ready for movement in EITHER direction.
BYOT! Set entries above the resistance or below the trendline. ...
Good day family!
NU is setting up nicely for some GREAT profits! Pulled out my harmonics and everything is lining up perfectly for a Bearish Cypher. We are on the last leg now (C to D). If it stays respecting the harmonics, I'm looking to ride this all the way up to 78.6% (.74659). My color coded lines represent my indecision levels where price struggled a...
AU 105: Overall downtrend off the daily, but on the 1H we have been in a nice little uptrend with higher highs and higher lows
BOS and break of trend line happens at .78537! Broke through hourly indecision level at .78429.. Waiting for the pullback at this point and looking to enter for a short. Looking to TP @ .78129! Let's win!