


JoeFXPips
Criteria breakdown: ABCD 1.618 Fib confluence with 88.6 Uptrending Daily trendline RSI OB+/DIV - Critical for this strategy
Pullback into structure is presenting another shorting opportunity with RSI OB , Fib Confluence of 78,6 & 50 inside the kill zone. Additionally, the downtrending trendline is added resistance to sell the AUD
Price Action to determine if we enter long depending on open
Pullback into structure will present a decent short with good RR
Pullback into structure zone will present another buying opportunity for the EUR
Bearish move potentially heading to 0.7500 Bearish gartley pattern 141.4Fib Ext. confluence with 88.6 Fib Retracement Downtrending trendline Previous area of S/R RSI??
Bearish Cypher Pattern RSI OB + DIV Downtrending trendline off daily chart Structure S/R 88.6Fib Retr + 127.2Fib Ext = Confluence
Two ABCD moves to Structure rectangle 78.6 FIb Retracement 161.8 & 1414.4 Fib Extension at structure rectangle RSI OS 0.7000 Underlying at structure Uptrending trendline on Daily chart Trigger: Higher High High Close Candle
Short & Long opportunities to look at this week on the backbone of news releases this week on the NZDUSD.
Cypher pattern formation inside consolidating pendant on Daily time frame with PRZ zone between 75.05-75.37. Risk to Reward 1: 1.9
Cypher pattern completion at 0.6752 coupled with Daily Downward trend line
Bat pattern completion at the 1.4090s for Long entry
Potential selling opportunity at the 1.072 zone for the AUDNZD0.02% with a bearish cypher pattern with TP1 at the 38.2% retracement of the CD leg and TP2 at 61.8%. RSI should be above 70% for extra confluence coupled with trendline resistance
Potential selling opportunity at the 1.072 zone for the AUDNZD with a bearish cypher pattern with TP1 at the 38.2% retracement of the CD leg and TP2 at 61.8%