We have completed our 5 wave cycle for his pair and looking to reach between 1.08000 area for a correctional ABC wave. We have very good support here which lasted all throughout 2016 and started in 2015 . If the support cannot back our correctional wave period then it is likely that there is deep bearish momentum in this pair and a brake below the support...
Any Candle Closes Above Green Line Then I am Long With Take PRofits @ Flag Reasons To Go Long After Candle Close: : Trend Change,Downward Channel Breakout,Symetrical Triangle reversal,Indicators Will Turn Bullish,High Reward To Risk Ratio Trade,Volume Will Be High,Moving Averages Compression, Triangle Compression Area Zone Breach. Do Join Our Daily Live Trading...
FX_IDC:AUDNZD 2h chart: www.tradingview.com Safe trades;
Potential Short on this pair. MACD about to cross. Looking to open at 1.2260 Target 1: 1.11677 (0.5) Target 2: 1.11447 (0.618)
IM ALREADY SHORT IN THIS PAIR BUT IF PRICE RETRACES AND TAKES ME OUT OF THE TRADE THEN THE NEXT LEVEL I'D LOOK TO SELL IS AT MY CLUSTER ZONE/SELL ZONE. IVE GOT LOADS OF CONFLUENCES AT THIS LEVEL WHICH ARE THE 0.5 AND 61.8 FIB, SUPPORT TURNED RESISTANCE STRUCTURE LEVEL, MAJOR TRENDLINE, DYNAMIC RESISTANCE (50 MA) AND A NICE PSYCHOLOGICAL ROUND NUMBER (1.03000)....
I was waiting a long time for this brakethrough, a few days ago on this chart. finally it happend. Now im waiting for a pullback and hopefully we will find some resistance below the trendline. have a nice trading week, see ya.