8/18's candle closed above the 3 SMMA after closing below on 8/17. Therefore, I am expecting 8/21's candle to close above the 3 SMMA . I will be looking for buy signals on the hour time frame that look similar the buy signal on the daily that you see here (candle close below 3 SMMA , then candle close above 3 SMMA ). This is a day trading technique and I will...
Perfect daily rejection from the horizontal resistance. We will start seeing this thing move down. Broken clouds on the lower time frames. Good time to short!
NZDCHF is showing a promising buy setup in the making. The price is now approaching a resistance that has been tested twice before. So statistically the chances of it breking are only increasing. Besides that we also see that Stoch indicator has lots of upwards momentum left. Possible target is 0.7776
Hi traders: Here we have a quick opportunity to go short on NZDCHF. I am bias on bearish on all NZD pairs, and NZDCHF is one of them that gives a clearer entry point. We are seeing a nice bearish flag pattern developping on the 1 hr chart, and potential targeting the recent lows. TP1: 0.6965 TP2: 0.0625 Thank you for your support and feedback.
a potential short here with shs right at resistance with rsi divergence in play after break of trendline i will open half position and add another half after support/neckline break stay patient
Daily inside bars and false break on strong weekly level. Possible to go short.
I need some comments guys... The channel is clearly rejected and created a flag on the 4H to move further lower. From the other hand, the Cypher pattern looks decent and increasing the chance to move higher up to point D. How do you see this?
After breaking the upper range earlier today NZDCHF is now also breaking the 14 EMA, besides that the Stoch RSI also shows strong buying pressure and the ADX made a strong bullish crossover. This all together makes it very likely the NZDCHF will head to atleast the 72 EMA and possibly break it. Buy: around 0,6770 TP: 0,6820 > 0.6890 SL: 0.6720
Price rejected the trend line and the 61.8% fibo level.
DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Alright everyone, check this break of trend that happened these last two weeks. Didn't go too far though, hit previous support and...
Sell NZD-CHF Now first target 0.7180 second target 0.7100 stop loss : if any daily candle close above this level ( 0.7322 ) we will close this trade when the price hit the first target we will move the stop to entry and we will see the drop to the second target