Talk about false breakout of channel. CAD seems to be on overbought across all pairs. I'll rather wait for a new entry than follow this present trend.
A Bearish Deep Gartley Pattern is about to emerge. It seems that recently is a Gartley season. What do you think? What I like about this setup is that the Harmonic Pattern is formed within the sell zone.
Looks like a good area for shorts - lower time frame confirmation needed but with the major swing and retracement at the 50% level with a decent looking Supply zone on offer there's a good chance price could turn here. This is not a signal to short we don't know if this supply will hold so don't blindly sell expecting it to go down, look for lower time frame...
A break of structure and a great pattern formed we wait for a test at the marked zone and a sell entery , but we should be careful with the zone marked above this sell because it's a fresh zone that has not been tested.
It's a good setup for a buy , we have a break of structure in 5 and 15 min , and a great channel created
✅NZD_CHF broke the falling trend-line Then retested it and we are now seeing A bullish reaction so I am locally bullish And I think that after the pair will go up To retest the resistance above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NZDUSD is trading in bearish channel making lowers lows and lower highs. Currently it has taken support from 0.67387 level. If this support taken out we can have atleast 40 pips ride. Alternatively, break of parallel channel can give a bullish rally. Trade your levels.
NZDCAD We buy by trend, in 4h we look for an upward rebound
NZDJPY We sell by trend, in 4h change to bearish and its structure gives us good sales price looking for 76,253
Prices are on bearish momentum and abiding by our descending trendline. We see the potential for a dip from our sell entry at 0.67903 in line with 50% Fibonacci retracement and also 100% Fibonacci extension towards our Take Profit at 0.67393 in line with 78.6% Fibonacci retracement . RSI are at levels where dips occurred previously. Any opinions, news, research,...
Hello,Friends! NZDJPY current trading paterns are clearly pointing In the direction of a long trade That is why I am bullish on the NZDJPY pair And I think it will go up! Like and subscribe and comment my ideas if you enjoy them!
NZDJPY is taking off from a strong horizontal key level. On that, the price formed a double bottom formation with a higher low. Its neckline breakout confirms a prevailing bullish sentiment. I expect a growth at least to 79.2 level. ❤️Please, support this idea with like and comment!❤️
In this update we review the recent price action in NZDCHF and identify some high probability trade locations to take advantage of
Prices are on bearish momentum and abiding by our descending trendline. We see the potential for a dip from our sell entry at 0.67903 in line with 50% Fibonacci retracement and also 100% Fibonacci extension towards our Take Profit at 0.67393 in line with 78.6% Fibonacci retracement. RSI are at levels where dips occurred previously. Any opinions, news, research,...
As we are in down trend , this pairs gives second entry if you missed the previous one.
Hey, The last chart I want to share today is NZD/CAD which is beautiful in my opinion, just like the previous two pairs shared here. Most of you guys know how I trade and how mechanical everything is what I do, maybe you find similarities from the ideas. Most of my trading approach is even automated, most of the work is just watching this daily time-frame...
Hey Max here, Second to the previous postabout EUR/GBP long, I've a similar bias for the overall GBP compared to the NZD. Price has been very bullish for GN at the monthly, weekly and daily chart, yet price is located at a key area which can start a decent pullback. GBP/NZD shorts are interesting for me, keep in mind it is just a pullback play. More charts will...