Forexpositive
NZDUSDHi everyone ! Today I am gonna give you my NZDUSD analysis.
We are on the bullish rally to the 0.672 +/- level.
What I see now on the 1H chart is bearish divergence, It means that there will be a correnction on the road to the level which I mentioned above. (I hope)
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NZD CAD break of weekly trend lineBroken ascending trend line, and a very key support level, we are looking at a bullish movement at market open, both fundamental and technical analysis point to a fall.
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EURUSD Triple TopWe missed a short-selling opportunity / entry after seeing the top resistance level reject price for the 3rd time, forming a triple top.
According to Encyclopedia of Stock Charts, the Triple Top has a 77.59% success rate (to reach green box)
We are looking for a bounce inside that green box / supply zone / strong support, where we will open a long to top of triple top.
There is another opportunity, which is trading the resistance breakout and riding the inverse head & shoulders from head to neckline (breakout level).