This is Friday's documented trade in GBPNZD. Great Type 1 Breakout with all 4 horseman aligned. Nice easy set-up, execution and Great result.
Dears, please, follow our instructions as mention on the chart. thanks and good luck
Dears, please, follow our instructions as mention on the chart. Good luck
Dears, please, follow our instructions as mention on the chart. Good luck
NZDCAD – Buyers might go further Trend : Buy/ Neutral Support/Resistance: R2: 0.85569 R1: 0.84961 S1: 0.84298 S2: 0.83689 Price action: Buyers reacted very strong from the last news announcement, but still they have to break R1 level, to prove their dominance. Price might reach first R1, and then we'll see how sellers will react back on lower timeframe....
Dears, please, be the area for sell it is still strong and if you want to sell with the safety you can sell under the area. Good luck.
Dears, Please, follow our instructions as mention on the chart.
Dears, please, follow our instructions as mention on the chart. Good luck,
Dears, please, take care of your position as you can see we can enter when the price become bearish. Good luck
Dears, Please, follow our instructions as per mention on the chart. Good luck
Technical Analysis: -Micro downtrend broken and is now being retested on the backside -Longer term uptrend has a 3rd touch and aggressive bullish candle from the two trend lines -Support & Resistance in the purple zone -Correlation with bullish AUD *Did not look at trading plan before executing this trade* *Similar to the AUDJPY call but this was a little...
The notes to this trade are on the screen ** There was no divergence in this trade set up. **
Weekly - as we can see NZD has been on a downtrend since November 2016 and has been respecting the descending trendline on separate occasions and on every-time it has reversed heavily. NZDCAD is approaching a key level and double top region, the last price has broken through this area was 11 months ago in march, since then it has been rejected 6 times and we are...
Technical Analysis: (Same Exact Setup As GA) -Price broke below the MA aggressively -Broke below purple zone which was previously a strong floor and now retesting -Confluence between all three indicators Emotions: -I came into this setup a little late, I was eyeing this earlier in the morning and had it on my watch list but, I just saw this trade and am not...
Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. As I originally pointed out a couple days ago that NZD was at a decision making point, we are there yet again! I basically called this bottom and we're finding support here. This support is here, but how long will it hold? We...
Bearish symmetric pattern formed for a long term view