On the way back, I count as a pullback and enter the sales order from the same range, and the targets are specified in order.
Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bullish momentum accumulating on the pair right now This setiment makes me bullish biased and I am considering a long! Like and subscribe and comment my ideas if you enjoy them!
This is my idea on NZDJPY Expecting price to rise to 77.849 What do you guys think?
We have these indicators for SELL opportunity: - Reflection from major down trend line - Low volume for to continue the current direction - Monthly and quarter high level resistance We define 3 goals: TP 1 = 80 pips TP 2 = 120 pips TP 3 = 200 pips
Prices broke structure, leaving behind an area of demand to get involved. Similarly, look for a 15m shift in structure for buys.
Prices are on bullish momentum and abiding to our ascending trendline. We see the potential for a bounce from our buy entry at 76.438 in line with 78.6% Fibonacci retracement towards our Take Profit at 77.568 in line with 23.6% Fibonacci retracement and 38.2% Fibonacci retracement. RSI are at level where bounces previously occurred. Any opinions, news, research,...
Hey traders, GBPNZD is trading in a bullish trend. The price is steadily growing within a rising parallel channel. From the beginning of January, the pair started to consolidate. The price was stuck around 2.015 level forming an ascending triangle formation. This night the horizontal resistance was finally broken. I expect a bullish move to 2.03 level. ...
A Bullish Bat Pattern is going to form and emerge at 76.31 as a counter-trend trade, but do you know that it is also a pull back from the daily chart after the market has double bottom? Between this and the EURJPY ABCD setup, I would prefer the NZDJPY trading setup. Which do you prefer? Comment down below.
Sell #NZDJPY Plan First Entry was at 77.46 Second Entry is pending order at 77.58 Stop is at 77.85 Target is at 77.00 I have 5 reasons to sell NZDJPY for a daytrade. 1. Currency Strength Meter JPY is strong NZD is Week 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bearish Divergence Signal The Rules: If second...
Hi Traders In this post we have broken down the most recent price action on Nzd/Cad. I want you to look at this post carefully and really spot all the critical signs that you could have used to get in on the corrections and the next stages of the reversals. On this pair we are currently still in an impulsive phase and we are waiting on seeing a sign of...
Hi traders Hope you are having a profitable week. Please see this beautiful Elliot wave scenario we are anticipating. We are coming to the end of the impulsive wave 3 and we are expecting to see a retracement which will form wave 4. For this set up up we will need to see price retrace to at least one of key Fibonacci levels and then show exhaustion and...
I am looking to sell on NZD CAD, a buy was attempted last week but price broke structure, now I see price going to second support area
Sell #NZDCHF Plan First Entry was at 0.6204 Second Entry is pending order at 0.6208 Stop is at 0.6219 Target is at 0.6185 I have 5 reasons to sell NZDCHF for a daytrade. 1. Currency Strength Meter CHF is strong NZD is Week 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bearish Divergence Signal The Rules: If...
Here is our technical outlook on GBPNZD. Our analysis is based on fundamental & technical metrics. According to our chart GBPNZD is coiling on supply zone. Based on our technical analysis the price will go lower to the next support level. Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
Buy order with stop losses at around 76.90 with target around 79.70
AUDNZD on the 4h chart is trading below a weekly resistance. The price is consolidating in a bull flag and according to Plancton's strategy IF the market will break above and satisfy the academy condition we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
AUDNZD recently broke out of a descending ABC correction (the bigger ABC pattern seen in the chart). We are now bullish but for a full reversal, we often see a double bottom/top before we see a trend reversal. We could be at the the start of the move that takes us down to the double bottom region. On lower timeframe, we are in an ascending correction (marked in...
H4 - Price has reached the bottom of the range. Bullish divergence. Until the bottom of the range holds my short term view remains bullish here.