Since October's high, NzdJpy has started a downtrend, at least in the medium term and after finding support in the 76 zone, the pair rebounded and has started to trade in a range. Now we are in the resistance zone of this range, and a fall could follow. A rise above 78.70 would negate this scenario and bears can have as target 75 zone Also, a drop under 76 would...
CONFLUENCES: - Downward channel - breakout from minor resistance
nzdjpy: similar scenario as in eurjpy....spike here to my "line" at the 77.900 my focused sell region and for price to run below now for my bearish bias to hold true...Patience**
As you can see GBPCAD reached H4 nd H1 OB and top of channel. Looking to go short from this point. Stop and Target given on chart.
After double top I expect back up to lower price, target 76.915
AUDNZD likely to go short following the break of a counter-trendline.
please do not follow my set up blindly. please do ur own research before get into my set up. im just trying to learn fx trade here. thanks
Analysis on #NZDCAD A bullish head and shoulders pattern might break the neckline resistance soon. if the pattern s confirmed and the market did actually break the neckline resistance I will then look for a trend continuation trade using one of my strategies Like and comment will be highly appreciated, thank you so much for your support. Check today analysis below⠀
Wit for price to respect the indicated levels before entering the trade. Scale down to 1 - 5 Min chart to see reversal pattern for Buy.
Hey traders, Very peculiar situation on GBPNZD. The market is approaching strong daily resistance at the moment. To catch a bearish move from that, watch a bearish flag pattern on a daily time frame. Your trigger to short will be a bearish breakout of its support (candle close below). Then the price will most likely drop at least to 1.94...
EURNZD is trading in a bullish trend since the middle of November. During the last 3 weeks, the pair was consolidating. This morning the price violated a falling trend line on 4H setting a new higher high higher close. It may lead to a bullish continuation to 1.689 ❤️Please, support this idea with like and comment!❤️
Short as per entry shown for tgt 28 pips ....RRR 0.5:1
Long as per entry...tgt 1 RRR .5:1 ...maintain strict sl
GBP index will fall soon next weeks due to Omicron Variant so following pattern possible use proper money management.
On NZD/CHF is nice to see strong sell-off from the price 0.6474 , 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... Downtrend + Strong volume area is my...
DISCLAIMER: 1️⃣.trade carefully and have stop loss for sure 2️⃣.trade only when the market is clearly bullish or bearish 3️⃣.without discipline every strategy is useless 4️⃣.your best teacher is your last mistake
Prices are consolidating in a triangle. We see potential for a break from our buy entry at 0.86861 in line with 23.6% Fibonacci retracement towards our Take Profit at 0.87476 in line with 127.2% Fibonacci extension . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
Price is near buy entry price of 0.67063 which is also the graphical swing low level. Price can potentially go to the take profit level of 0.67899 which is also 61.8% Fibonacci retracement and 61.8% Fibonacci projection . Our bullish bias is supported by the stochastic indicator as it is at support level . ny opinions, news, research, analyses, prices, other...