Market now trendline support level breakout after now retest completed. It's time to sell oppurtunity
price is retesting a strong resistance level forming a bearish flag on a bigger timeframe hence we expect more bearish movement
Price is completing a nice bearish flag ,hence expecting a strong momentum towards the downside
it may fall to marked line in few days , you can take short.
Price made a perfect retest on our strong resistance zone which is now turned into a support . expect price to make a bullish movement . price might make a few hunts before the strong movement
Uptrends are marked by rising data points, such as higher swing highs and higher swing lows. 1. Downtrends are marked by falling data points, such as lower swing lows and lower swing highs. 1. Many traders opt to trade in the same direction as the trend, attempting to profit from a continuation of that trend
We saw GBPNZD Short Because, GBPNZD Moved in Descending Channel in 4H Time Frame.
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.
GBP/NZD broke its strong resistance and retested in the 15 min timeframe.
-GBPNZD H4. -Pound Kiwi Short opportunity. -T&C's: Trading leveraged products such CFDs on forex and derivatives may not be suitable for all investors as they carry a high level of risk to your invested capital. Please ensure that you fully understand the risks involved, taking into account your objectives, risk tolerance and level of experience, before deciding...
price uptrend ke bd ek wide range mai consolidate kr rha h and resistance pr phoch chuka h so wait for breakout then buy kr skte h but abhi reversal signal bhi de rha h hanging man bna kr do bearish candle bnai h entry to activate hui h but strong bearish candle nhi h to doubt full lg rha h
GBP NZD upside move possible Buying above the 2.09273 Stoploss 2.06676 Target 2.13669
GBPNZD trade idea with HIGH FRQUENCY TRADING BUCKS this is a high probalility setup with simiplified suppy and demand
This pair gradually come my marked point, so trade on downtrend .