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
script have berish walf wave setup.... with berish divergance short taken below yeloow line only and red line as sl and trg is green line.... magic.chart
