Hi All ,
Opening a long position on this pair . Holding for weeks . might TP1 SL and when price move to our direction SL to entry as always .
thanks.
Any questions let me know .
Many Thanks.
Hi All ,
I'm Opening a sell on this pair , as the both are like two big Government hack lol . First RNBZ early hours news conference with rate cut and now ECB pointing to more downside . If you have seen the movie Fast and Furious then you will get my gist aha .
Right back to trading . Would the Nzd pick itself up quickly as it stuck to his rate , Yes i think...
After a rapid selldown, this counter reached strong support, where buyers were ready to step in.
This is likely to lead to a rebound.
Took a long position after I shared in my free Telegram channel last week, and will continue hold as long as the bullish momentum does not fade.
On the EUR.NZD 4h chart we have two potential short opportunity's at the D leg completion of a Bearish Cypher & Gartley pattern
Bearish Gartley Pattern (Green) - D leg completion 1.6689
Bearish Cypher Pattern (Blue) - D leg completion 1.6670
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential...
on the daily charts we see a test of the ascending trend line from the April 2015 lows, further more to add we see this trend line intersect my 40% & 50% fibonacci cluster level at 1.63724-1.64815 price on Friday's close managed to close just shy of the 50% fib level after a false break down towards my trend line. Due to the G20 weekend this weekend NZD news will...
Looks like Price found support twice around 1.6215 area....So, i assume if price breaks above 1.6400 level than we'll see price back around 1.6500-1.6470 area....
Buy @ 1.6300
SL @ 1.6100
TP @ 1.6500
Looks like a strong uptrend at the moment.....Could be heading to another resistance around 1.7150......Second scenario could be that might form a double top around 1.7070....
