It's possible to get another short term rally, although my long term view is bearish on this pair. As always wait for confirmation of trend.
My idea on this one. A second bullish rally over, giving us a lower higher at an important level. Triple top formation prior. Looking at final 77.300's target and reversal. Protection before profit.
Looking like the end of the rally now. With a decent retracement pending ( hopefully ). There may be a short 50 pips on offer here. Waiting on the next buy signal near 103.340 -102.840 If it plans out well I'll be targeting 200 pips
Bearish flag inside a channel, bouncing off inner trend line. Next bearing impulse looming. The set up is not complete on this time frame . Still in consolidation depending on what time frame you use. I use fibs to plot potential targets on higher time frames. It would likely take months to see 1.12ooo's at outer trend line. Looking at the big picture- manage on...
Nzdchf enjoys channel formations. Price action indicates a return the lower channel next week. I will monitor this pair. Each channel have multiple price reversals at each level. Not a trading pair for the novice Idea only. ;)
Still a little early to say long or short. Maybe 60m short is more likely ( short term trade ) 200 pips. Hoping for a break to the upside. SO waiting for that. 10min at pc per day. Keeps me from going gray ;) Happy trading
Regressive behaviour will not last forever. My long term view, manage a potential 2000 pips ? Monitor this pair closely
All in one word. No matter system or strategy works for you, WAIT! Patience Protection Profit Happy trading Drawing is just an idea not a trade call. ;)
Still in an upward channel. No set up yet, Protect then Profit
Repeating patterns all over the place.Easy 3- 4 to 1 trades on this pair. Very close to major trend lines from higher time frames now. No guessing , trade your patterns. If I have multiple confluences, I'm in long or short. I have a short bias right now. Although the trend long term is bullish to me. Patterns ,Fibonacci, Mandelbrot set...hand in hand
The market may reverse and go bullish. Until then I'll wait for multiple signals to short. I'd rather have 5 reasons to go short than only 1. :) Trade minimum 3 :1 Protect account 1st. Profit second Idea only
Looks like oil is rallying. And giving us some great clear price action and patterns as well.So I'm targeting 4 price area's and will trade only if conditions are right.
How far will this retracement go? 50 pulse pips ? Targeting lower inner trend line. Idea only please review. Counter trends are more risky to trade. Manage on lower TF to lower risk Happy trading always
This is the 2 hr chart Just an idea. Will complete in 20mins to confirm. And it may completely change . Wait for conformation before any trade. Next potential long 380 pips. :) We monitor . Happy trading.
Multiple indications of further trending in this bearish climate
DOES ANYONE KNOW IF AN EXTENSION OF A TO B IS VALID AT 1618? OR 127-1414 IS A HIGHER PROBABILITY . JUST AN IDEA. THANK YOU
LOOKING AT THE BIG PICTURE HERE ON NZDUSD. SEE WKLY CHART, ZOOM OUT. DRAW YOUR LINES AND SEE YOUR FLAG, TAKE YOUR MEASUREMENTS. NOW, OF COURSE IT MAY NOT HAPPEN. TO ME THE CHART IS INDICATING AT LEAST 4500 PIPS IS HIGHLY PROBABLE- WE WAIT AND MONITOR. HAPPY PIP'N
APOLOGIZES. DRAWING WAS NOT CORRECT - STILL WAITING TO SHORT LONG TERM . NO INTEREST IN SHORT TERM LONGS. AS ALWAYS WE ATTEMPT TO FORECAST, NO-ONE HAS A CRYSTAL BALL. JUST MY IDEA NOT A TRADE RECOMMENDATION