rodrigueadebigni

rodrigueadebigni

DAILY -break of support trend line who became resisance -but price fail to break the support on RSI 4h -strong rejection of price on 61% fibonacci extenxion NB: monitor divergences on lower timeframes and enter long on break of rsi of 50% zone. but reduce your size because it is countertrend trade.

rodrigueadebigni

DAILY 4H

rodrigueadebigni

WEEKLY -bearish flag DAILY -touch of the top of the flag and bounce near the supply zone in green 4H -bullish flag on 4h chart -approching near support line 1.WILL THE NZDUSD GO UP FOLLWING THE FLAG ? 2.OR BREAK DOWN THE SUPPORT? NB:we have to monitor price action closely to find the next direction of nzdusd

rodrigueadebigni

weekly chart for support and resistance zones -bounce of RSI on neutral zone 50% (very bullish) -bounce on support trend line in yellow daily chart -pennant formation

rodrigueadebigni

daily chart -pull back on rsi support 4h chart: -chart is bouncing on the rsi neutral zone of 50%. -cup with handle formation timing 15 mn chart -divergences on chart -wait for price to be on top of MA 50 (red line) before enter