The Price Has Reached Our Weekly Resistance, So We Expect It To Have A Strong Sell. You can catch an entry after the second RETEST On Daily Time Frame.
NZDJPY After peaking the September month high around 72.00 which is a key psychological level its felled towards 68.640 which is a low volume area and find some buyers and making series of Higher high higher low patterns. From Sep-09 to Sep-18 it was trading in a range and felled below the range. I have marked some levels are acting as accumulation and...
Hey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! NZD/JPY: Day-Swingtrade-Execution Market-Buy: 71,115 Stop-Loss: 70,515 Target 1: 71,600 Target 2: 71,900 Target 3: 72,400 Stop-Loss: 50 pips Risk: 0,5% - 1% Risk-Reward: 2,60 LEAVE A LIKE...
As you can see NZD/JPY recently broke above the consolidation/Ranging level. and has RETESTED it. Now we need to see if this was a fake breakout or it will actually continue in Buy. if it comes back in the consolidation range then it was a fake breakout BUT if it breaks above the previous structure at around 71.950 then it should continue going up till next...
Hello Traders! ------------------------------------------------------------- 🚀Sell Execution according to the market.
With price action trading within an ascending channel and managing to break through a meaningful level, we could expect a pullback to trigger a sell order as price should continue its bearish momentum towards the channel's support line. The order: Type: sell-limit S/L: 10 pips - R:R | 1:2 - T/P: ascending trendline -- *** If you like the idea, don't be shy,...
This pair's price action is forming an H&S pattern at the H4 intraday timeframe. From a broader look in the weekly realm, it closed last week at the same level of a previous high (for another double-top) and with a precise bearish pin bar for a clear reading on the force form a downward movement ahead. However, it has kept into consolidation trough out this week,...
Price has been trading with a descending channel (hornet) quickly spotted from the D1 domain. It was able to break the resistance line from the structure only to form a clear double top pattern, confirming a downtrend movement. Currently finding strong support as expected on the 200MA acting at the last line of defense before the massive downward momentum. If the...
Price action has been compressing, forming a triangle pattern. And from the D1 domain price has respected the descending trendline, finding rejection from that level. Technically speaking, the pair looks under bearish momentum after the consolidation with the formed pattern. Short entry at the 4th touch is placed with the following characteristics. The order:...
The pair shows some bullish momentum with the New Zealand dollar. After the breakout of the previous support level, a retest over the broken level is expected before the uptrend continuation, allowing the setup of a long entry with a decent R:R The order: Type: buy-limit S/L: 36 pips - R:R | 1:2 - T/P: previous confluence zone from support and...
New Zealand dollar under sellers pressure has recently formed HL&LL pattern, looking forward to price action to break the support continues blue line from D1, for a retest an entry in the market with a short sell order. The order: Type: sell-limit S/L: 20 pips - R:R | 1:2.3 - T/P: previous confluence zone from support and trendline -- *** If you like the...
Looking for a drive back up towards the VWAP. This might be a patience game but we have a good stoploss at 70.300 Big Picture View Strong: NZD Weak: JPY This trade is valid until 09/07/2020 @ 9 pm BST. Follow me on Tradingview or DM in the chat. Don't forget to hit the like button 🐉 HAPPY TRADING 🐉
As price managed to break its previous consolidation from the Asian session, remaining in a bullish trend, with the smaller exponential moving averages about to cross in a golden move in H4 domain, a long entry is placed The order: Type: buy-stop S/L: 52 pips - R:R | 1:2 - T/P: aiming towards the resistance
The counter has been declining steadily ever since it hit the high of 71.663. However, it has now found support the levels of 68.226 amid testing it twice. It has formed a bullish pinbar followed by three white soldiers, which is a powerful reversal signal. Further, it has crossed the bearish trendline with a strong bullish candle. Hence, we expect the pair to...
With the price in consolidation within an ascending channel, wherefrom a W1 outlook price has just found rejection from the resistance trendline, under a bearish bias, allows for the following setups: Position 1: Price continues to form the channel reaching the resistance level with a buy-limit order S/L: 145 pips - R:R | 1:3 T/P: aiming towards the demand...