BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 19th, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Frank. Looking at the 1 hour time frame price action had a minor pullback back of the current structure into its previous area of support around the .650 area, if the conditions are optimal we will be...
D1 - Price reached a critical zone based on the fibo levels of the cycles, bullish divergence.
H4 - Bullish divergence, until the last low holds I may now look for bullish setups with more bullish evidences in order to look for short term buys towards the 38.2 to 50% fibo retrace zones.
Once the price reaches these zones, I may then look for bearish setups with...
Price is showing bearish momentum with bearish divergence is evident. We may see price break lower.
Stop loss - Red line
Take profit - Green line
1% Risk
Take profit level will be adjusted to how price reacts and moves.
I will be doing a 1 month free mentorship program, message me if you'd like to be part of the program.
BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Iv'e been waiting for this setup to confirm for a while now and have just entered the long position. Looking at the structure indicated in blue, we can see the initial impulse wave on the left of the chart, indicated by the first blue arrow. Then we can see a corrective structure which is in wave 3 to the downside at the moment. I have entered the long based on...
The pair has reached an important support area.
Harmonic Pattern's Logic is simple:
If you want to long, buy the low.
if you want to short, sell the high.
If you think this analysis can be useful and you want to receive new updates about this idea, click on the LIKE button!
