price is making ABCD and continue the trend target is different depending on higher highs and higher lows move your SL and save profit
Update : As we can see the dollar index was weakening last week, now it has reached a support level, we have to see if this support is able to keep the price above of this level or this Support will be broken and the dollar index will fall to the range of 92 .
my indicator gave a long signal around 11k so just imagine the profit!! Still no short position but the price is at a circle FIb level so risk takers can go fro short
You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my...
Possible Buy. Still not conclusive so will wait and see with this one.
GBPNZD Buy Stop :1.94809 SL 1.93711 TP 1.95906 RR 1 // DISCLAIMER This explanation is only my personal opinion only. Trading financial markets involves risk, and is not suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to take...
For Gold, I do see an opportunity to short on the 4H timeframe. The Support Zones are based upon weekly support and resistance, so with this trade you are planning on holding it for a while. I'm looking for price to push up to the 1488 zone and then spike down to around 1450.00 Remember that Gold is an emotional commodity, so it could blast through 1488 if...
USD's strength has been quite unexplainable due to the lower rates in the US now. Though some explain it as a safe haven move, seems investors don't mind the expensive USD to buy stocks. Currently price plays out very well the DB on the daily chart and is moving up nicely to its target. I would expect more strength for the near-term.
AUDNZD retracing into key horizontal and fib support levels, with what looks like a dead cat @ 0.382 and Feb high. 50 and 100 EMAs on the daily could also act as support in between the 0.383 and 0.5. Previous horizontal supports matching with the 0.5 and 0.618 fibs. Obviously the 0.382 ,Feb high could still hold and waiting for the 0.5, 0.618 level could leave us...
Hey folks, Now we have very good sell opportunity on NZD/USD. And i think we will reach o.641 within a week. So take a look and consider it before making decision. Thanks. Happy trade as usual
-Waiting for point D completion and a clear sell signal before entering ** Due your own due diligence before entering the trade
A classic bull flag pattern coupled with upward sloping 50-DMA and 200-DMA. The cross looks more likely to witness a bullish break. The immediate resistance is seen around 144.00 levels.