PTraderX

PTraderX Updated 

Watching this beautiful triangle as it approaches it ends. it can be breakout either way but personally I am looking for long direction. In case of breakout my first target would be previous high.

PTraderX Updated 

it seems price has a hard time to go higher and it is not generating higher highs and higher lows. the first lower high is in place. now we are waiting for lower lows to confirm the trend reversal. If we have lower low then we come jump on the train down in the correction.

PTraderX

NZD is loosing value from fundamental point of view (dealing with china) recently and trend reversal is confirmed in HTF and price ready to drop off significantly. initial target is 80 pips down.

PTraderX Updated 

Keep an eye on this nice symmetrical triangle. breakout on either side would be awesome.

PTraderX

Keep an eye on this triangle since we are approaching the tip. potential top breakout would lead us to 1.01 level. Breakout down leads us to 0.95 level. I am also practicing not to use any indicator but only the chart and supply and demand (order book). It was much more profitable for me so far.

PTraderX Updated 

Potential Bullish Divergence in H1. Looking for higher prices.

PTraderX

price is still in ascending channel and closed above bullish pennant and rejected at weekly resistance from ATH at 9360. that's the really important price. if it closes above this level there is another weekly resistance at 9690. closing above this means new ATH. waiting for confirmmations.

PTraderX Updated 

Price reached weekly resistance and forming double top on 240 time frame. First target is 8500 and if confirms heading to 7480.

PTraderX Updated 

Price is in descending channel and forming a bull flag. before breakout price needs to retest the daily support (resistance from 2019 which is now support) and ready to breakout and jump to 1.5000 area. until retest I am short and after confirmation I would be long.

PTraderX

Building bull flag formation in 240 time frame with a hidden bullish divergence. price ready to go up. first it needs to break daily resistance at 0.15321 and then we have really strong weekly resistance at 0.16090 that needs to broken. target is 0.21800 area.

PTraderX

After breaking out the weekly resistance it turns to a support and we have really nice retest at 50% Fibonacci which aligns with the support along side a strong bullish hidden divergence in 240 time frame. the target would be 1.272 of Fibonacci entrancement at $163 and then heading to $170 as second target. If $148 can't hold the trend, trade is invalid.