Hello,Traders! NZD-USD is trading in a downtrend And the pair broke a local horizontal level So now the pair is going down And I believe the fall will continue Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
As explained waiting for the retracement after missing the big move down, so a couple highlighted areas that I'm looking at hopefully getting a position to make the next move down. I'm targeting the area of 0.67000 at least as this is a huge support and price should magnetize to it.
Looking at either a longer term continuation push up or a possible right shoulder reversal. Two areas to look at buys and sells from, another rejection from 165 will see price push to at least 166.100 for either a right shoulder or push further and possibly make a new leg higher.
So I believe we will see two options either price is just retracing for a long term push up or we are going to see a possible reversal right shoulder for short trades. 166.100 is the area ill be waiting for shorts from otherwise I may look at possible longs if price can reject 165 once more!
Still waiting for price to give a better area for entry and a bit more momentum. Price has slowed right down after the big move down and we are just not waiting for get a retracement before the next leg down.
✅WHEAT is trading in a local uptrend And the pair has formed a local Bullish triangle pattern So IF we see a breakout Then the price will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅USD_JPY will be retesting a resistance level soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅USD_CHF is trading along the rising support Which confluences with the key horizontal level And I am bullish biased so I think That after the potential retest of the confluence We will see a move up towards the two key Resistance level at 0.9900 and 1.0049 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅USD_CAD went up to retest a horizontal resistance Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-CHF is trading in a downtrend And the pair made a local rebound From the support below Just as I predicted in my previous analysis But now the local resistance is nearby And after the retest of the level I think the price will go down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! USD-JPY is trading in an uptrend And the pair has retested a local Rising support line so the move up And a retest of the target above Is to be expected Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! USD-CAD has retested a strong horizontal Resistance level which extends left way further Than it can be seen on the chart So we are now seeing an expected pullback And a further move down is likely too Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅GBP_NZD broke the falling resistance So after the pullback and retest A move up is to be expected To retest the level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅A broken key structure level Reinforces our bearish bias on NZD_CAD And I believe the price is set to move lower To retest the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! COFFEE is going down to retest The local rising support line From where the price Is likely to make a small rebound Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅AUD_USD has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅EUR_CHF is going down now But a strong support level is ahead Thus I am expecting a rebound And a move up towards the target LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-CAD is trading in a downtrend And the pair made a breakout So a bearish continuation Is to be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!