Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our sell entry at 0.62504 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 0.62234 which is an area of Fibonacci confluences. Technical indicators are showing bearish momentum. Any opinions, news, research,...
nzdjpy if it rejected the closest resistance, we might be looking for sell entries Second scenario , it breaks the resistance we go for long BE aware if the price falls we might be getting HCH pattern advise: first go for sell trade, now, the SL is very tie and TP is higher than SL, however if the price hits SL, wait for breakout and go for buy trade,...
Gbpnzd is going towards 1.98900 , but it s reaching it with not strenght, Ending diagonal is showing up .
NZDJPY Entry Price At Horizontal Support Resistance Level Chart with EMA 10 + EMA 20 + Horizontal Levels Chart with Fibonacci Retracement Level
Daily technical analysis on 2022-01-04 GMT+7. Check out today's directional views : #GBPNZD SELL HIGH -> Short Profit Strategy: Bearish Resistance FibR 76.4 + Bullish Reversal + Overbought Zone, Correlation #NZDCAD, #DXY DollarIndex Bearish Reversal Support Type: Technical Analysis Trader: Day Trader TF Analysis: H4,D1
Daily technical analysis on 2022-01-04 GMT+7. Check out today's directional views : #NZDCAD BUY LOW -> Short Profit Strategy: Bearish Support FibR 23.6 + Bearish Reversal + Oversold Zone + Bullish Divergence, Correlation #GBPNZD, #DXY DollarIndex Bearish Reversal Support Type: Technical Analysis Trader: Day Trader TF Analysis: H4,D1
I will be doing a full breakdown from monthly to daily. Also I will be including Fundamentals that will help us out with the direction as well. Monthly: The price is currently rejecting a demand zone which is good because it can be a sign of a rejection to the up-side like it happened in the past. Weekly: The price is clearly over extended. When price is over...
The NZD/CAD hit the resistance and couldn’t break it , so we the price has a big decline The major support in 0.85600
But limit at 77.983 TP 01: ...... TP 02: ...... SL: ......
The pair breaks it's descending channel up and retest the breaking range. Best position to enter a short trade! Save some of profits on TP levels and move the SL to next level by hitting TPs . Don't forget about money management and risk management.
On NZD/CAD is nice to see strong sell-off from the price 0.87 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong S/R zone from the past + Downtrend +...
Opportunity for the pair, never miss to capitalize an important move Risk $200 to gain $934 (1:4.67 RRR)
Sell #NZDCAD Plan First Entry was at 0.8659 Second Entry is pending order at 0.8674 Stop is at 0.8702 Target is at 0.8616 I have 5 reasons to sell NZDCAD for a daytrade. 1. Currency Strength Meter CAD is strong NZD is Week 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bearish Divergence Signal The Rules: If...
AUDNZD after the long bullish impulse reached the daily resistance. The price is moving in an ascending channel in a choppy trading move. According to Plancton's strategy IF the market will break below and the ACADEMY rules will be satisfied we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
H4 time frame. Structure: The uptrend ended when the price broke the Key level at 1.65500. Wait for the price to complete the retest and confirm that the downtrend is clear, then you can find selling opportunities. The profit target is the 1.63500 and 1.60500 price...
NZDUSD in daily time frame has broken the big level and right now it's in the retest zone We can look for Short Position