We see a downtrend. The price is at bearish trend line and key zone wich is now a resistance. We have a lot of factors that tell us that the price is about to go down. The position is risky , with small stop and aggressive entry. Risk max 2% !
Potencial scenario for sell. We are on key level of resistance. We have double top wich is clearly seen on 1h + divergence on RSI. We have 3 tp levels - you can open 3 positions for every TP , or open 1 position and close 30% on every tp and move sl in profit. The SL is small and thiny above the tops This is agressive entry so please do not risk more than 2%.
We are in a bearish trend, so I think the market sentiment is down, so I'm sticking to the "trend is our friend and we should go with it". Plus, the price is at a strong level, which in the past was supportive, but now it is being tested as resistance for the 2nd time. The potential position is 5.5 risk / reward ratio.
We have a downward trend parallel channel as well as a smaller downward trending ruler. The price is currently in an area that plays the role of resistance + the small downtrend.
Here we see a pretty nice price action that reacts to my level of resistance (which is tested and strong as you can see ). A weak dollar is expected next week, so I sell here :)
Here we see a pretty nice action action that reacts to my level of resistance (which is tested and strong). A weak dollar is expected next week, so I sell here :)
Here we see a pretty nice price action that reacts to my level of resistance (which is tested and strong). A weak dollar is expected next week, so I sell here :)
The price is on a strong and tested support zone. We expect a fall in interest rates and a weak dollar next week, which is an additional sign of good long positions :)
The level at which the price is found is the role of support since 2017. In view of the expectations that the dollar will be weak this week, long positions here are quite potential
The price is on big support level . Yesterday we see breakout to this level but after that the price come back and now we see something like retest on this level and i expect 40 pips jump.
I think NZDUSD is on bearish trend and the latest long waves was corrections. The price has reached the level of 0.618 and i think now is time for short move.
I see head and shoulders and big structure of support ( purple zone ) TP is based on size of heas ( 100 ) Sl is based on that forex model , if the price fall lower than SL this will not be the right shoulder and this will not be " head and shoulders " Sorry again for my bad english
