This idea is for educational and study purposes. Trade at your own risk. Past results do not guarantee future profits. NZD/USD appears to be at the end of a flag/retracement area. I anticipate that price will rally back down towards the neckline of the head and shoulders pattern. The take profit area is a major level of support. The flag is being contained in a...
Similar to monthly structure. Price has reached a critical point in the structure. Ideally, I would like there to be a break of trend support before there is any kind of retest of daily support/trend support. Looking for either a break of the neckline (conservative) or a break of trend support (aggressive) for the pattern to be activated. It seems that this pair...
Short trade is active. SL at 0.6970.
NZDUSD reach channel down resistance, its time to enter short position with target at channel down support (0.6802) if we take stoploss level above Sept'2016 resistance (0.7486), This setup aim for 565 pips with 4.7 R/r ratio
AUD/USD is testing the high of 30-06-2017 which is a strong resistance zone, also two harmonic bat patterns are there which indicates this pair can fall to 0.74 level, looking for a short entry Entry @ market price SL 0.7740 TP 0.7580 & 0.74 Please implement your own due diligence before trading. Facebook: www.facebook.com StockTwits: stocktwits.com...
Pair is currently testing its immediate support, all the time frames are aligned for short trade, Entry @ Market price SL 0.73 TP 0.7170 and 0.70 Please implement your own due diligence before trading. Facebook: www.facebook.com StockTwits: stocktwits.com Tradingview: www.tradingview.com