EURNZD > Could We Have a Breakout of Resistance!?Analysis of #EURNZD
the EURNZD currently testing its resistance level near 1.6288-1.6310, if the market successfully breaks and closes above its resistance level is ill then look for trend continuation pattern to get in a buy trade
this week we have FOMC Press Conference and NFP, it is going to be volatile, that's why I will be careful and wait for confirmation before I make a trade
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
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Harmonicforex
EURJPY UPDATESince the recent bearish impulse to the downside from a daily perspective price has now provided us with a correction which is currently testing the 0.618 fib in confluence with daily supply, i am looking at capitalising on the continuation to the downside, waiting on the LTF for the market to sweep the current highs before we can look for one of our valid entry confirmations
CAD/CHF: UpdateCanadian Dollar/Swiss Franc continue to the upside as I saw and predicted it. Now, I put my break even in my entry price around $0.7502 CHF. Also, we're in profit with over 45 pips and my target it's around $0.7615 CHF
Also as we're in the upside, we would need to stay alert because we could to forming a harmonic pattern. In H4 timeframe
EURUSD > The Best Level for Sell..Analysis of #EURUSD
while the EURUSD continues down because of the impressive dollar strength we can expect this move to continue until FED's next rate decision.
Looking at the chart we have trend line resistance and structure resistance level near 1.07500 coincide which will make a good level to enter short trade if the rules for entry are met
we need to be patient and conservative in choosing our entry
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
Long Gartley Pattern GBPNZD 4HGartley pattern formed this week and got triggered in this afternoon
Previous level of resistance likely to act as support before GBP moves higher.
Entry at: 1.92124
Stop loss at: 1.90807
Target 1 at: 1.93080
Target 2 at: 1.93728
Targets will be moved to account for extension of D leg