ELDigital

ELDigital

good opportunity to sell

ELDigital

Confluence of: *Demand zone *61% Fib level *Ascending trendline support *Channel resistance broken and being tested as new support

ELDigital

good opportunity buy with low risk and big reward.

ELDigital Updated 

possible drop to the bottom zone, which is a good buy zone as well so if you take buy at current zone place stop loss at the bottom zone in case the current zone is taken out.

ELDigital

From my previous post on the EURNZD, price was rejecting from a weekly supply zone and a quasimodo confluence, so we will be looking for short entries in the lower timeframes. As of market closure for the weekend, price was rejecting from the highlighted 1hour supply zone which confluences with the 38.2 Fib level and a possible broken trendline retest, providing a...

ELDigital

opportunity to go long

ELDigital

formed a double bottom, a confirmation to go long.

ELDigital

good shorting opportunity.

ELDigital

an example of what a quasimodo pattern looks like

ELDigital

Bearish quasimodo pattern in sync with high time frame bearish momentum to offer a long term sell opportunity with a great risk reward ratio.

ELDigital

falling wedge trendline support

ELDigital

confluence of supply zone and a descending channel trendline.

ELDigital

Confluence of D1 supply zone and descending trendline.

ELDigital

-HS neckline resistance -descending channel resistance -W1 Supply zone -rejection from 50 Fib level

ELDigital

retesting broken resistance as new support for a possible push to the upside.