First of all, price almost hit the 61,8% fib retracement. Then broke the upwards trendline. After that it came back to re-test it and created a double top. My take profits is 1.66313, and i will cut the lose if it close above 1.71019. Let me know what you think about this!
i short it due to ubeat nzd pmi and market do opposite as all time but it will back to the normality sooon
CURRENCY PAIR: EURNZD ; Time Frame: 1D - 4H - 1H; SHORT OPPORTUNITY. R/R Ratio : 4.0 Double top 1H
Overall Trend is Bullish, so we're looking for only Buy positions. After breaking out of a strong area of support and retesting, I expect the Bulls to push higher out of the current down trend. If you look to the left it looks like a Head and Shoulders pattern is forming; left shoulder and head has already formed and right shoulder is in the making. If price...
i am long on a technical pullback on the up t-line since june 2017 that can appears maybe soon as i see a rsi divergence also in h1 enter at 1.6910 for target the old up t-line from june around 1.16970-75 just for a small pullback gains 55-65 pips time 24h
The market is @ the bottom of the channel with H4 RSI oversold
ITS A BIG TRADE LETS WAIT FOR IT TO FALL FROM SKY. GOOD LUCK TRADING.
short eurnzd short time 1-2 day just pass or been on weekly-monthly resistance overbought in many indicator h1_h4 Eurusd also much overbough and up too fast and i not see a real upbeat in GDP and CPI so a small correction is legit even the NZD is very weak short at 1.7087 target 1.6990 profit =97 pips No sl (just monitoring) all time in 2 positon..when 1...
Pretty simple guys :) Swing trading is really one of the best methods i ever saw! The reasons for entry are supportive trendline, ema 36 and structure! Wish you nice week! Marjan ForexSwingTraders
long enter at 1.6690 target 1 at 1.6755 target 2 at 1.6800