Comments on chart. Feel free to like and comment Cheers Jesse
Please check comments on chart. Feel free to like and comment
Buy above TS at around 3.18800 Stop loss on support @ 3.17300 Target on KS @ 3.22631
The downtrend is currently being broken, corresponding to 61.80% fib retracement Prices are above the cloud Prices are holding tenkan sen TP1: 0.67587 (next level retracement) TP2: 0.68861 Stop on KS at around 0.65900
Please check the comments on the chart Feel free to like and comment. Cheers Jesse
Our last setup (check below) seems to be confirmed! Prices nicely crossed daily KS indicating bullish momentum Resistance could be seen on Weekly KS as indicated in the chart then on the top of the KUMO but we have broken the minor downtrend. Stop loss on KS, at around 76.30
Yesterday I highlighed a bullish setup on the pair. It has been confirmed since the price has broken the downtrend. Next resistance will be seen on the top of the cloud at around 78.490. Put a stop on Tenkan Sen. check out our other strategies below! Cheers Jesse
Very strong symmetrical triangle formation. 6 hit points getting closer and closer as the market approaches the apex - good sign for a strong breakout. By the upside, sell the downside. Profit targets indicated by the horizontal green lines.
Bullish momentum. Prices are about to cross up the downtrend. If prices hold KS tonight I would buy the pair for a 2-figure movement - Target will be the top of KUMO at around 78.500. Stop can be placed on Tenkan Sen at around 75.00 Good luck
A multi year USD trendline + supporting MA looks broken this could single a downtrend for the pair , a break of 116.00 levels would confirm this . The pair may also fall into a range between 116.00 & 119.00
Daily chart shows a possible head and shoulders pattern forming. A break of the support line shows a good opportunity to short.
Prices are below KUMO Lagging span broke its own KUMO Prices are below the trend lines Resistance around 0.89700 I wouldn't trade if prices enter the red triangle (uncertainty) Wait until the Lagging span crosses down the trend line before selling 1st target 0.86570 2nd target 0.86220 3rd target 0.85280 tight stop loss just above Tenkan Sen around...
NZD/USD remains bearish from my point of view. Recent uptrend line is broken. Prices have retested trendline once but failed to breakthrough. Sell on the breakout of the current consolidation. Give a like if you agree with my post (:
- Weakish resistance - Target around $3 - Space for additional consolidation before breakout
The pair now sits trades in a sideways range and a triangle structure has formed around price action. We now await a break of the triangle or clear indication of a break to determine our next trade. I suspect a break to the downside is the more likely outcome given the massive pressure on sterling due to the Brexit opposition now featuring prominent members of...