Unlike AUD, it is NZDUSD which is completely invisible to down trend when looking at the weekly stick. weekly The current position is a difficult place to hit the YPP (S1) and the trend line. Because it is a range market, I'd like to think about long at the bottom of the range. However, as far as EMA is seen, the closest direction is down. Therefore, long...
New trading suggestion: *The price is in a downtrend and we forecast the downtrend would continue. *There is still a possibility of temporary retracement to suggested resistance line(0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to ...
Hi,Trader There is a end of this bigger corrective structure with lower and higher degree of 5th wave and C " wave respectively. After reaching the level we will look for a new impulse. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !
NZDUSD is now on major support range.6850. stochastic is in over sold area, its good long term trade almost we get 500 pips here.we can aim that 7400. all the best guys.
New trading suggestion: *The price is in a down trend and we forecast the down trend would continue. *There is still possibility of temporary retracement to suggested resistance line(0.71750), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to ...
hi guys keep watching NZDUSD -0.06% triangle pattern ending zoon keep watch Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such...
Go long 1.Buy above .74400 2.Target is near resistance level of .74590 3.SL is low of bar next to pinbar candle which is .74350 4.Risk to reward is 50 to 190
NZDUSD has been rejecting the weekly Trendline and form a weekly engulfing candle. We can look for selling signal or pending your sell order next week.
It has been observed that KiwiDollar is coming near Channel Support close to a good support zone (Marked in Green) along with RSI coming onto the support line. A long can be initiated at Channel Support. Entry : 0.7240 to 0.7249 Target : Next resistance zone at 0.7295. The 2nd target can be aimed at Channel resistance while trailing stops. Stop : Below Green...
The FX_IDC:NZDUSD chart has formed 2 bullish cypher patterns on the hourly chart. The first purple bullish cypher has been completed where the D leg of the pattern was at a horizontal support line and the price action is moving towards the targets for that at 0.7258 post which the price action should reverse and come down to complete the CD leg of the Yellow...
There is a potential completion of a bullish Gartley pattern on the NZDUSD 15 minute chart. One can go long at the completion of the CD leg at 0.72165 Target 1: 0.72377 Target 2: 0.72570 Stop Loss: 0.72025