Looking for pretty good trade in coming week if breaks consolidation above & target will be 1.55. If breaks down don't worry it will come back to up. Trade with your own risk.
-RISKY!!! Weak long run trend on daily -After a strong run down grazed trend and reversed forming hammer on 1h -RSI oversold at all time frames (showing early reversal signs) -MACD reversing -Stochastic oversold
Eurnzd Trading around 1.5230 level After a high of 1.58 level it Strong support around 1.5150 and also monthly bottom it can hold its bottom as Fibo its also holding its 0.236 level and trading above it can Retrace till 1.55-1.56 level So advice buy Eurnzd in range of 1.5225-1.5130 Sl below 1.5050 TP1 1.5450 TP 1.56
LONG EUR/NZD Bullish Crab Pattern 4h
PRICE HAS TESTED THE RESISTANCE TREND LINE. MAJOR RESISTANCE. ENTER A BUY STOP AT 1.54968. FOR A CONFIRMATION . STOP LOSS AT 50 PIPS.
From this chart I can see a 5 wave impulse (labelled (i) to v)) from April to August 2015. After this it looks like a clear 3 wave correction (w),(x) and (y) which has taken place since August 2015. I can also see significant MACD and RSI divergence at wave (y) (see the blue lines) In the last few days RSI has broken the red down trend line and is challenging the...
FX:EURNZD Safe Trades;
ENTER TRADE AT 1.51442. STOP LOSS BELOW 1.50000. LIMIT IS 1.57862.
Watch closer this pair, it's about to blow.. But be careful wait for correction..
Seeing that last bar makes me all warm and fuzzy - north pole here we come.
just my thought on Eurnzd, long eurnzd for next impulse. now price is retracing. 50% fib level is a good buy . *please trade with care.
Go long till the Stoch's lines cross each other, then I reupdate my idea with a short position. My personal indicator tells me that this pair is now LONG.