Looks like everything is starting to slow down, expecting a huge break either way... thoughts?
Chart speaks for itself :)
Ascending Triangle 0.5 fib made a good resistance now i am waiting for the price to test again the support down @0.69600 100 pips will be perfect win !
Price coning in upwards trend to previous S/R level. Fibonacci levels not drawn yet due to Dairy auction, it may cause interruption in pattern and price may break out to .71474 area.
This pair has broken a major support trendline and is looking to be forming a reversal wedge. I am expecting another bounce from the new support of wedge, then a large break down. Wait for a clean break down to go short. It will be invalid above the resistance around the 0.72865. FX:NZDCHF
FX:NZDCHF Safe Trades;
Based on waves and harmonics Your input is always welcome ElliotWavesHarmonics@hotmail.com
Been a long time since my last idea update, wish I had more time to post, but here it is! I caught this one a bit late short from .7093 Target is at .382 retracement of CD leg Stop above 113.00 Ext. of AB
Waiting for price to complete this corrective pattern before entering any trades to the upside.
Its broken a pretty descent channel and now I expect a retrace to get in long and then room to run .7240
NZD gaining support from trendline and support level
Hello here we have a possible harmonic pattern within a structure that just completed its fourth wave. I am looking to sell the 5th wave. stops are very tight, Huge R:R
Nzdchf hold Strong Weekly support and Formed Bullish Bar in last Week. We can See it can Revisit 0.7150-0.7200 Level as strong bottom seems on weekly 0.6920 Advice buy in range of 0.7010-0.6940 Sl below 0.69 TP1 0.7130 TP2 0.7240
THIS IS THE POSSIBLE SCENARIO IN THE NZDCHF SCENARIO 1D CHART IF IT BREAKS THE TRENDLINE AND SUPPORT PUT SELL ORDER @ 0.69000 AND TP @ 0.66500