NZDCAD in King's Crown Formation.
Right tip has formed with a daily bear candle close.
Look to sell around current price of 0.8812.
Target @ 0.8586 area
Good luck trading. Please like these free analysis so others may benefit from it.
Let me know how I can help.
Charles V
www.cvfxmanagement.com
King's Crown formation Right Shoulder area hit. Pending sell limit hit.
Sell at right tip @ .8800 area
TP @ 0.8570 - 0.8400 area
Good luck trading!
Let me know how I can help.
Charles V
www.cvfxmanagement.com
Trading made Simple
New year New king? Could Ethereum take market cap dominance over BTC by the end of this year? The trend has been proggresively upwards for ETH/BTC and shows no signs of stopping. Could Eth (which is a superior platform imho) reign as king of crypto by the end of this newly begun year in cyber money? I think it could be very possible, with all the new eyes and more...
FX:AUDNZD @ Right Tip of the Kings Crown @ Monthly Chart
38.2% Retracement of up AB Swing
Target 1.618 Fib Extension
Backside of the down trend line
Retest of the major support
Buy FX:AUDUSD
Back Side of the Trend Line
Kings Crown Formation/ Possible Reversal
Previous Resistance becomes current support
Price Retraced from .618 Pivot Point
Price Broke above consolidation and previous resistance
Right now retesting the break
IF SUPPORT (GREEN BOX), AND THERE IS BULLISH CANDLE STICK FORMATION AND PRICE MOVES ABOVE COUNTER TRENDLINE (...
Buy FX:EURUSD
@ Support (Pink Line)
.236 Fib Retracement of UP AB Swing
Possible Right Tip of the Kings Crown
Waiting for the Bullish Candle Stick Formation closed above the Counter Trend Line Break
