Trading Ideas- Short positions below 0.6510 with targets at 0.6044 & 0.5926 Alternative scenario If price sustain above 0.6510 look for 0.6708 & 0.6830 as targets. Supports and resistances 0.6044 & 0.5926 0.6708 & 0.6830
Trading Ideas- Short positions below 0.6510 with targets at 0.6044 & 0.5926 Alternative scenario If price sustain above 0.6510 look for 0.6708 & 0.6830 as targets. Supports and resistances 0.6044 & 0.5926 0.6708 & 0.6830
nzdusd breakout on up side and taken their pullback. if you want then take your teade
NZDUSD recently break the key support level, again reach the same level for re-test, then it is expected to have a down fall from this level
NZD USD Seems to have formed an ascending triangle formation in the 4H time frame. The DXY Index is near the demand zone and expected to go up. Therefore most likely a downward breakdown of the triangle pattern can be expected.
Range formation and bullish buildup Lets see how this plays out
trend line has been got broke and there are two major targets which are previous swing highs taking trend line as STOPLOSS the targets can be achived and it is only for eductional purpose
because of the fake breakout of recent zone, the price action giving the retesting confirmation to sell. The Fib 0.786 level is absolutely secure for hitting the target.
Fake breakout from the last support making the price to jump back to FIB 0.5 with a strong and multiple confirmation.
Minor retesting is going on which will may be hit the pivot point , selling will be start.
Rejection from the upper 4hr resistance leading the selling position there and here is the retesting which is confirming the 2nd sell trade opportunity .
SUPPORT BREAK ,RETEST FOUND..LONG TARGET ..PLEASE CONFIRM BEFORE ENTERING
nzdusd buy strong upward movement set tp and sl according to chart
Newbie trader throwing out some trade ideas. What Do you think of this BULL angle for Long term. i know its dependent on strength of DXY, and US report fluctuations but this is a far fetched idea spanned over weeks. So a possibility out there for Bulls to Ride it .
Everything will be UP from 21/04 from around 17GMT+1 Does will follow my line ?
Dear friends, Don't follow me blindly...what i am sharing here, is my knowledge not signals I am sharing my view through Elliott waves from past 4 yrs....i learned tons and tons here and market taught me lot and still teaching and i am listening to the market...and i am getting a lot of PM's regarding NEGATIVE COMMENTS from my friends...i am sharing here my view...