Price is reacting at a grapical overlap support, we can expect a short term bullish bounce from here. We can expect price to bounce from the pivot level in line with 38.2% Fibonacci retracement and 100% Fibonacci projection towards the take profit level in line with 100% Fibonacci projection . Our short-term bullish bias is further supported by the stochastic...
GBPNZD will fix the last drop. We may have a correction rise and later a price reversal. BUT WILL WAITING FOR CANDLE CLOSE.
Hello all, GBPNZD has been falling for a quite long time in a bull flag pattern on 1D time frame. Now it has reached the support line for the 3rd time and also it is close to the structural support zone. Plus the double bottom pattern is forming on 4H time frame. Thus it is possible to enter the bullish reversal at the lowest possible point. However, it is quite...
Price is reacting below our pivot level at 0.70782 which is in line with 100% Fibonacci extension level, 38.2% Fibonacci retracement level & horizontal overlap support. Price can potentially take support at 0.69763, which is in line with 61.8% Fibonacci retracement levell & horizontal overlap support. Alternatively, price may rise up to our resistance at...
Prices are facing bearish pressure from the resistance zone , in line with the 50% fibonacci retracement and 61.8% Fibonacci extension, where we could see a further downside below this level. Ichimoku cloud and MACD are showing signs of bearish pressure as well, in line with our bearish bias.
NZDCAD trading in a downtrend line price below SMA 100 and HVN around 0.8850 price below a key level around 0.8840 MACD shows bearish momentum RSI below 50 so it's expected the bearish movement to support level around 0.8730
Price is trading in a descending trend line and is near the buy entry price of 0.64460 which is 78.6% Fibonacci projection and 78.6% Fibonacci retracement. Price potentially go the take profit level of 0.65392 which is also 50% Fibonacci retracement and 1.61.8% Fibonacci projection. Our bullish bias is supported by stochastic indicator as price is trading on...
Price is near the buy entry price of 0.88032 which is also 39.2% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially bounce from that level to the taker profit level of 0.89044 which is also the graphical swing high resistance. Our bullish bias is supported by the stochastic as it is at support level. Any opinions, news, research,...
Bullish Indicators: 1) Support zone at 1.04080 Fib level 61.80% Bearish Indicators: 1) LH LL 2) Downward trend 3) Resistance zone at 1.04471 or upward descending trendline. Plan A: One can take a short position on the rejection from the upward descending trendline for the target of 1.04080 and 1.03522 Plan B: On the breaking of upward descending trendline with...
Prices are consolidating in a triangle. We see potential for prices to climb from our Buy entry at 1.04181 in line with 100% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 1.05408 in line with 61.8% Fibonacci retracement. Technical Indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other...
Price is reacting at a grapical overlap support, we can expect a short term bullish bounce from here. We can expect price to bounce from the pivot level in line with 38.2% Fibonacci retracement and 100% Fibonacci projection towards the take profit level in line with 100% Fibonacci projection. Our short-term bullish bias is further supported by the stochastic...
NZDJPY has a bullish seasonality in november and december. I'm looking to get long at previous structure and hold. This idea has a 7:1 r/r.
Price broke out of trendline. Waiting for a retest to confirm a short position
imma short this, not a financial advice. DYOR 1. Respected Trendlines 2. @0.618 Fibo 3. At resistance
We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Working the 45M time frame here and we're only looking for TP3. Previous successful short trade can also be seen on chart. The trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be...
Utilising our POW reversal strategy for this trade a GBPNZD short. Trade details for current trade are shown on the chart. We are working the 2H time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trades also can be seen on chart a long which closed...
We are using our POW reversal strategy for this trade a NZDCHF long. Trade details for current trade are shown on the chart. We are working the 30M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. You might be wondering what the shaded out areas are on the...
We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Trade has been live since 9:30 UK time. Working the M30 time frame here and we're only looking for TP3. As always the report box at foot of the idea shows the stats for this strategy. In that box every trade is logged and can be viewed by clicking the tabs in...