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GBPNZD is Bearish !!!! SELL.GBPNZD is currently on a downtrend and price is currently in a zone of interest at the 61.8 % fib level.
I am currently looking for a break out and retest out of my Asian box.
Expecting a move around 3:30am or at 4:30am est.
My chart markup was done on a 1hr. Looking for entries on the lower time frames for selling confirmation.
If you like this idea or have your own opinion about this pair, please comment below box. I would love to reply.
Trade at your own risk. Have A Good Trading Day!
100 ways to read a chart Especially for beginners it can be very confusing to interpret a chart ... patterns, indicators, oscilators. SDMA, EMAs, Fibonacci.
If you are interested, I would be happy to go into more detail about individual tools and setups, but today I will just give an overview of which tools and types of trade are available.
Timeframe
Trend trading months to years
Swing trading days to weeks
Intraday 1 day
Scalping seconds-minutes
Different markets
Forex
Stocks
raw materials
Indices
Cryptocurrencies
The main technical indicators
Simple moving average (SMA)
Exponential Moving Average (EMA)
Stochastics
Relative Strength Index (RSI)
Commodity Channel Index (CCI)
Moving Average Convergence / Divergence (MACD)
Bollinger Bands (BB)
Chart types
Line chart
Bar chart
Candlestick Chart
Point & Figure Chart
Renko chart
Three line break chart.
Kagi Chart.
Heikin Ashi Chart.
Trade setups basic types
Continuation
Reversal
Sideways
Break out
My personal preferences
EW
Algo's
Pattern
Price action
EMA's MA's
RSI
MACD
KDJ
TAR
Stoch
BB
Pitchfork
Gan
The world of finance is diverse. It is very important to choose a style that suits your psyche, preferences and the amount of time you want to spend.
I would be grateful if you support my post whit likes and comments
Have a nice trading day
USD/CHF Elliott Count !! Trade the 5.WaveHello Elliott-heads !!
My count:
We are currently in the 4th wave of the 5th. The probability that we will retrace to 0.236 -0.38 is very probable.
My personal goal lies at 0.95
Entry 0.93599
Target 0.95031
S / L 0.9314
R / R 3.12
Traders, if you liked this idea or have your opinion on it, write in the comments, I will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Dyor and trafe save.