ishstar

ishstar Updated 

2 major trendlines are blocking the path 1 trendline which it resently broke from was just a retest and it failed. Short any pullbacks and look for TP around .7550 or .7470 area or possibly lower

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See my other related AU idea for more info 2 Weeks in a row Weekly MA100 has proven that its a force to be reckoned with and at this point its going to closeone of ther 3 in the title description Short till its not!

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My magic purple line will block the bulls :)

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More to add here

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TL reject and 618 hit

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Everything is resting on the 2Q QoQ and YoY GDP

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Very late posting, but I just got to a PC. 618 Hitperfectly and the TL was rejected Also 100MA Weekly is back at it again

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7270 would be ideal otherwise sell the break

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Bulls exhausted Wedge TRIX Div EFI Div

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long tp open stops below tl

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4h 200ma reject daily looks to be a 200ma reject as well prepare for doom!

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Price failed to close below the red box and just wicks. .6950-6970 area is going to be hard to break right now without some serious bad news. One thing to note are the 4h wicks. NZD has had a slew of bad news lately and I believe a potential rate cut has been priced in already. I will hold long till this retracement is over. on 1h chart it has already broken up

ishstar Updated 

Get ready for a nice correction! We have some nice divergence as well. Sell the breakout ONLY. DO NOT SHORT NOW UNLESS YOUR CONFIDENT

ishstar Updated 

Im already in from .7183 Looks like a nice bounce from the trend line. hoping for it to retrace back up to the .5 or .618 to get another good short stops currently set at BE

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There is quite a bit of divergence building on the hourly and its sloping down as to being flat (compared to the correction on monday/tuesday of this past week. Not saying to short right now, but keep an eye out. I dont expect this to fall very far if it goes short so watch the fib levels closely. The last fall was a nice 618 bounce and I expect the same...

ishstar Updated 

Multiple rejections at the .5 fib now and rejection at .382 just now along with a trend line rejection.

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I am short again from .7232 trying to hit the bottom of the channel, from there its a waiting game (NFP) which will decide the fate of the direction. Get ready to buy the breakout or sell the breakout.

ishstar Updated 

Already entered on friday, but this is a standard .618 retracement. Still time to enter