This will be the last trade of today, a nice 1:3 with fib plays at golden zone, emas lining up well on lower and higher timeframes and additioanlly price is at a supply and demand zone of interest. taking this trade at 1%, with an additional indicator being the overall trend on higher timeframes
Prices are facing bearish pressure from the resistance zone, in line with the 50% fibonacci retracement where we could see a further downside below this level. Ichimoku cloud and 34 EMA are showing signs of bearish pressure as well, in line with our bearish bias. A break below the 81.50 support area is needed to see further downside.
Here is our technical outlook on GBPNZD. Our analysis is based on fundamental & technical metrics. According to our drawing GBPNZD is trading within a support. Based on our view the market will rise. Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
Technical view on the market, which isn't an invitation to buy or sell, But only for learning purposes and sharing my thoughts. Attention : Always use a proper risk management in trading. Be safe and trade responsibly
NZDCHF dropped to a key level. Because the pair is trading in a bullish trend, I expect a growth from the underlined structure. Buy! Please, support this post with like and comment!
NZDJPY has continued its wave 3 advance and is now testing pivotal trend line resistance as this contains, look for a follow through below yesterdays low to set up a wave 4 correction to the 80 handle from above as this area supports watch for bullish reversal patterns to set long positions for the wave 5 upside extension
The NZDJPY"s current upward surge was retraced from a strong resistance zone around 82.00. Sellers reacted and the price dropped. Now we are accepting there will be a corrective move towards 79.5.
GBPNZD dropped to a key level. Analyzing the intraday perspective the reaction to that structure was overwhelmingly bullish: the price managed to break and close above a resistance line of a falling parallel channel on 4H. Now the price may go higher. Next resistance - 1.933 ❤️Please, support this idea with like and comment!❤️
After moving up for some time price begins to make lower highs and lower lows signaling a SELL signal!
✅GBP_NZD has reached a support level And is now making a bullish correction However,I am bearish on the pair overall And as a strong resistance is ahead I think that we will see a pullback And a move down to retest the level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZDJPY showing bearish signs as it just made a lower low and lower high on hourly time frame. we can attempt a short with the stop loss at the lower high mentioned in the chart.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (82.24). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (82.24). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as...
Possible trend reversal on shorter time frame as AUDNZD making a new higher high and a higher low. if current HH is broken it can make new highs on hourly time frame with the end of bearish trend.
We are using our trend following EDGE strategy for this trade. Trade details on chart and we are working the 45M time frame. We're only looking for TP3. Previous short trade can 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 viewed by clicking the tabs in...
Price is approaching in a ascending trend line . If price were to break the ascending trend line , price can do a reversal and continue to dip to the take profit level of 0.70380 which is also Fibonacci retracement level of 38.2% and 78.6% projection level. Our bearish bias is supported by stochastic as it is near resistance level . Any opinions, news, research,...
Price have recently been on a bullish momentum. We see potential entry at 0.66308 in line 127.2% Fibonacci extension and 78.6% Fibonacci retracement for a pullback towards 0.65816 in line with 23.6% Fibonacci retracement . Stochastics are at a level where pullbacks previously occured. Any opinions, news, research, analyses, prices, other information, or links to...