How far it can rocket at this bearish zone? RSI already overbought, if want play safe then we can sell at red line. For those already open sell, just wait. Patient drive you profit.
This pair remains relatively bearish. Bulls are weakening with each new high. The gain may be massive for those who can buy at the right time and the right price. Happy Trading.
la tendance générale est bullish je vous conseil d'attendre que le prix retrace proche de 0.63731 entré 0.63731 Tp 0.65215 Sl 0.63085 potentiel 142 pips
Analysis team placed short on EURNZD @1.6978 with 2 intra day targets on 4th December, 2019: TP1 @1.6961 TP2 @1.6925
We have a pullback to Level 50% Fibo according to Price action
Analysis team placed long on CHFJPY @109.370 with 2 targets on 27th November, 2019: TP1 @109.5047 TP2 @109.690
Analysis team placed short on USDCHF @0.9906 with 2 targets on 3rd December, 2019: TP1 @0.9876 TP2 @0.9829
Hi traders, Price is following an ascending channel and has bounced from the resistance line of the channel. There is a potential for further drop towards the support line of the structure.
EN is still in an downtrend which is key to keep in mind, however if this finds support at the green colored "buy-zone" and we can multiple confluences of support on different time frames entering a long trend in accordance with the structure we've watched for a long entry. This setup is going to entire on price action at certain levels.
NZDCHF , Price is now at the zone where previous support and now turn into resistance and as we can see price is moving withing the channel ! I will wait for the price to breakout first then entry on a retest !
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Price is following a downtrend making lower lows & highs. Price is now at previous strong support structure now new potential resistance, which also aligns with the long term descending trendline making a "3rd touch", where I will be watching for a reversal back to the downside to resume the downtrend & make its way back towards the previous lower low next.
Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current price for sell.
As we look on the chart the pair reached a daily descending trendline and is near the 200EMA. We looking for a possible short position to the support before going up again.