NZDUSD price has been in this symmetrical triangle for sometime. Price recently broke out on news and then immediately went back into the formation, I'm more bullish on this and am hoping for a break to the upside! According to price movement within the formation, it seem like bears are weakening due to higher lows and highs staying consistent with the upper line.
Price formed inverted cup and handle. Waiting for price to break handle support which also has support from previous price action. The height of the cup formation is the projected move for the breakout. Looking for good entry reason in sell zone.
Price recently showed weakness on the lower trend line by testing it and not being able to get past the recent high before going back down for retest. Shows bearish strength building. Hoping for a break of the lower channel line soon for a short position. May take smaller sell if it shows good exhaustion in closest exhaustion area.
Missed my sell opportunity at the sell zone when an exhaustion candle formed. I'm hoping price will go back up enough to re-test that level before continuing down. Definitely bearish after the break of the ascending triangle.
After the re-enter I believe it will go down a bit but not quite all the way to lower trendline due to bulls being a bit more dominate on this pair.
Price is in a high level of confluence. Waiting for break of Triangle formation for an entry.
Price broke out of long-term downtrend line, will look for close above level and possible re-test before any positions. If price breaks this level I believe it will move up to at least target 1. Price is at decade lows, of which has only been been broken once briefly over the last two decades.
Price is on it's way down to parity, which it's never traded below. There is a descending trendline above price that I believe will break before breaking parity. Keeping an eye on price action.
Price currently in ascending channel. It looks like price will be breaking out to the downside due to those recent bottoms testing the lower trendline and not moving up for a test of the upper trendline.
Price recently formed rounding top formation and slight inverted cup with handle. Has great rectangle bottom that price is currently trading in, I entered on the way down from the top of the rectangle. Will be managing this trade as it drops. Looking for a break to the bottom.
Just broke out of descending channel and then re-entered channel followed by another break showing what I believe to be weakness to the downside. Will look for it to at least reach the nearest fib level.
Not really interested in any trades but will watch to see where it ends up.
Price is at the top of a descending channel with some slight support just beneath. Will look for more conviction to either downside or upside for a breakout. For breakout, will look for break and retest of trend line and maybe a close above the first swing high out of the channel before entering. For downside, will just wait for close below zone of support for entry.
Price is just below a good decision zone. We will see what price does within this zone to get a better idea of what will happen next.
Price has significant levels of support and resistance to break through. I believe price has yet to make a firm decision on where it wants to go. Waiting for some more price movement.
Waiting for entry in zone just above last resistance to enter a buy.
Price made a potential bottom of the right shoulder in the inverse head and shoulders pattern you see on the daily chart. I opened a trade hoping that would be the actual bottom and it will go up and follow through with the head and shoulders. Thers is quiet a bit of resistance within the pattern for price to breakthrough.
Price is coming down to potentially test the lower trendline of the ascending channel. Could be a good area to buy as the is a lot of confluence in the area.