Trading under 8000 again, we may see another push on the recent highs to finish the week off
US open shoqwed quick sell off followed by some solid bids going in
gotta break the neckline to be valid
these three tests of the support/resistance line show a strong bullish signal for intraday
targeting 8250-8300 and then expecting a bounce back down if volume is...
If you are a intraday trader then place a buy order near the trending support area. If you are going profit alot then wait for few days and let the price goes to weekly resistance area to place a sell order. Best of luck !
Hello everyone
I have got bullish cypher formation on NZDUSD it has laready touched 78.3 area but if it comes back and retests with double bottom it can be good entry point for long opportunity. In terms of profit targets, I am aiming for 61% retracement and stop losses are half ATR below from d X point which is giving me 1.5 r/r.
We ll see what happens.
Sam
Greetings my comrades!
This one is for the short term traders looking to make some pretty good profit here!
Found a pretty good short trade on the 1H or 15M charts
Enter on the 61.8 retracement line and the 161.8 line!
Happy hunting my friends!
Today GAP reverse and take long. Stops of shorts positions killed by sharks :( But today and tomorrow seems go long, But finally down again. Probably Tomorrow's GAP has shorter.
Lvls today: Shorter and Stop Loss near 10640, Take profit near 10525. When take 10525 lvl enter Longer until 10640 and after take Shorter again until 10451.
Today no retest on lvls. Now retest near 10500 and next week long far away 10600. Blue has the next movement today and next week. Close today short. Monday go long.
Strong uptrend so im following it. slight downtrend and choppyness has started because of heavy selling. price should come back up to normal. I could be wrong and price could touch the blue rectangle of support at 1.72619 level, if price does touch that rectangle a reverse is definitely going to happen. EITHER WAY I AM BULLISH
The euro fell sharply against the dollar and the safe haven yen late Friday as risk aversion spiked after Turkey’s prime minister said an attempted military coup was under way, anyways on Monday, July 18 markets in Japan will be closed for a national holiday and New Zealand is to release data on consumer price inflation, so we'll be looking forward for something...
High probability with many confluences to the naked eye, 4 hour price action will bounce of the 38.2 FIB zone or the daily resistance if broken the 238 FIB and then continue the downtrend, creating a short opportunity.
