eurnzd has been over sold nice bullish oppurtunity on 1hour chart support and resistance is self explanatory should touch the 20 EMA
Strong downtrend indicated from past analysis. major bullish price action have taken indicated by the EMA. Remember these are the 'past' prices, anyway first target is 1.2854 level if the down trend continues for a longer term i think it can touch the 1.278 level for sure. stoch and RSI confirming short overbought like crazy.
well you can see there has been a very strong downtrend, when every the 101.671 level bullish action happens based on past performance so a buy order would be ideal. TP and SL have been provided. Profit will be collected when price retraces back to its original resistance. Price has officially gone under a 25 EMA in the past
FX:GER30 Short the dax when it reaches the 10250 Highs, profiting on the back on the support level when it drops down again. Only a matter of time when it corrects itself. The stochastic shows alot of choppiness so this bullish wave will come to an end soon.
Major uptrend has been broken with a downtrend now BULLISH MOMENTUM is showing insce touching 116.926 level where the TP os 117.737 can be touched. STOCH and RSI confirm decision. Ema shows price is hovering around the average.
By identifying support and resistance and a solidifying uptrend there are bullish opportunities available. TP of 2974 can be achieved if my prediction is correct with an SL of 2955.
Following the 'trend is your friend' school of thought I have decided to short and collect profit on the 1.25 level soon as that is touched i guess the market will reverse and show bullish momentum.
Described 3 nice Support and resistance with a clear and simple downtrend line. RSI and Stoch confirm decisions as usual, TP and SL provided
BIG JUMP REACHING HIGHS SHORT OPPORTUNITIES AVAILABLE RSI and Stoch confirming
SHORTS TO THE MAIN SUPPORT FOR HOURLY WHICH IS 15.800 LEVEL. AFTER SILVER WILL JUMP UP AGAIN SL AND TP PROVIDED. STOCH AND RSI CONFIRM SLIGHT DOWNTREND
highest highs reached for 1 hour chart stochastic is also too high so sell/ candle closer to 9 ema. RSI is overbrought too
uptrend is ending for the hour high are being tested the stochastic is also confirming my decision.
do a buy order at 1.45552 then follow the TP AT 1.46366 AND SL AT 1.45306. the stochastic is oversold below 20, 9 and 21 EMA are being tested so they are bullish opportunities maybe apply to this the 1 hour chart for quicker results ??
uptrend has been broken, dojis are benteah 200 and 50 ema. candles have been struggling to touch 1.12157 level. TP is 1.10795 and sl is 1.12157. i am an amateur and just playing around new to this stuff my risk reward maybe really bad.