Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Price is abiding to the descending trendline, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 78.6% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement . Our bearish bias is further supported by the RSI indicator where it is abiding to the descending trendline resistance. Any...
Price is reacting below our pivot level at 0.71917 which is in line with 61.8% Fibonacci retracement level. Price can potentially take support at 0.70895, which is in line with 61.8% Fibonacci extension level, 38.2% Fibonacci retracement level & horizontal overlap support. Alternatively, price may rise up to our resistance at 0.72163, which coincides with 100%...
Price is abiding to the descending trendline, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 78.6% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement. Our bearish bias is further supported by the RSI indicator where it is abiding to the descending trendline resistance. Any...
WTICO/USD: • If price corrects and a tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on...
Price is above 1st support at 0.713 in line with 23.6% Fibonacci retracement and 61.8% Fibonacci extension. It could potentially bullish from 1st support at 0.713 in line with 23.6% Fibonacci retracement and 61.8% Fibonacci extension to 1st resistance at 0.72454 in line with 127.2% Fibonacci retracement and 61.8% Fibonacci extension. Our bullish bias is further...
Looking for longs on NZDJPY. RS reading NZD = 6, JPY = 0. Daily up but stocks are dipping
An AB=CD pattern is completed.An upward movement is expected.
As expected, I strictly wanted to see a retest at about 0.65865 which then could possibly enter my neutral zone at 0.65900 through 0.65979.
✅GBP_NZD was trading in a downtrend And then the pair broke out of the bearish triangle I think that a retest of the supply area will follow After which the pair will fall Towards the support level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
I think the divergence between the RSA and the floor of the candlesticks indicates an ascent please share your idea with me.
GBPNZD made an area that looks good to me. Waiting for a rally to supply, entry at the area. RS reading NZD = 6, GBP = 3.
Hey traders, here is the analysis for the NZDCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Hello everyone, if you like the idea, do not forget to support with a like and follow. GBPNZD is overall bearish trading inside the brown channel, and it is currently approaching the lower brown trendline and blue support. As per my trading style/plan; Here are the two strong zones where I will be looking for high probability buy setups: I call them War...
#NZDCHF Price made a daily impulse in 5 waves overtaking 2 corrective highs, supported by a bullish and impulsive sequence of AO blocks. This is likely to attract bulls to come in as the following correction draws to an end. The Modified Schiff Pitchfork lays out a channel pointing to a larger untapped supply zone created by 2015 highs. If this will be a 3 or 5...
GBP/NZD: • If price pushes up to and ideally just above our lower rayline and it does so correctively, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...
NZDUSD has broken the bull flag to the upside and performed a retest prior to the NZD ANZ Business Confidence data, which is released by the ANZ and shows the business outlook in New Zealand. Technically the pair has broken the bull flag to the upside and performed a break and retest pattern. We are looking for a push into the 0.7260 level.
Here is our technical view on NZDJPY. Our analysis is based on fundamental & technical metrics. According to our chart NZDJPY is trading within a support area. Based on our stand point the price will rise. Like & Comment Our Analysis, Please! ❤️ Please, support our work with like & comment! ❤️