Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.663). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.0851). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDNZD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Mid-Term Forecast: Second Chance Trade Setup summary: Profit targets= 3923 pip = { TP1=104 + TP2=219 + TP3=344 + TP4=579 + TP5=639 + TP6=789 + TP7=1249 } Stop Loss = 497 pip Reward/Risk > 7.9 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.6719) again. if so, traders can set orders...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.909). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDSGD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
going long after market breaks and retests our level !!!!!!! lets be on alert when the market opens remember good money management,
it made a head and shoulders pattern on the weekly it's finishing the right shoulder with a symmetrical triangle pattern.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.9407). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Okay, so nzdcad has been on a bearish run in the past week. Now, we want to see a retracement to at least 38.2% level as consolidation before the downside continuation which may be followed by the head and shoulders pattern on daily chart followed by an impulse correction and impulse and we can look for this great opportunity in shorting this pair if it satisfies...
Mid-Term Forecast: Midterm forecast: While the price is below the resistance 0.6790, beginning of downtrend is expected. We make sure when the support at 0.6585 breaks. If the resistance at 0.6790 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.5965). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.096). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.102). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.654). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....
Trading suggestion: . There is a possibility of temporary retracement to suggested resistance line (69.55). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDJPY is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trade Setup summary: Profit targets=863 pip (60 + 110 + 173 + 230 + 290) Stop Loss =120 pip Reward/Risk > 7.2 : 1 Current Status: Total Profit: 649 pip Closed trade(s): 649 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.0676 based on 'previous Forecast' at 2020.07.27 : Closed...