You'll notice in my analyses I have different strats. They all work. The question is can YOU make it work? Psychology is crucial to successful trading. Needless to say I'm taking this trade. Keep your money management on point if you decide to as well.
Here on Kiwi Swiss we have rejected the bottom of structure and we could be heading to form a double top before continuing the higher timeframe move.
EURNZD is Bullish - We look to Buy at 1.7295 ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Bespoke support is located at 1.7295. ▪️ A bullish reverse Head and Shoulders is forming. ▪️ We have a 78.6% Fibonacci pullback level of 1.7295 from 1.7190 to 1.7653. ▪️ Further upside is expected although we prefer to set longs at...
These are the two likeliest scenarios which I find plausible. My bias is that we will rally back up to forma. double top formation, slightly exceed the high before dropping but we could see bears come into the market from the word go.
EURNZD is Bullish - We look to Buy at 1.7420 ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Bespoke support is located at 1.7420. ▪️ A bullish reverse Head and Shoulders is forming. ▪️ We have a 61.8% Fibonacci pullback level of 1.7361 from 1.7653 to 1.7190. ▪️ Further upside is expected although we prefer to set longs at...
A bullish reversal at the daily level on Monday, supported by the 13 daily average rate left signals for Tuesday as bullish. This stance was proven correct, with prices posting a 2nd higher daily high & low in a row. However, sellers have returned to the market, prices declining almost 1 Big Fig, and closing little changed. Trend signals for Wednesday are thus...
This Kiwi had its break followed by a few days of pullback/correction Is it now setup to do its Bullish 5th wave up on the 4 hourly chart? Let's find out
Looking for shorts, after last weeks move was retraced slightly.
NZDUSD topped at 0.6580 after resisted by a major falling trendline in the weekly chart. The price fell after tested the resistance twice, forming a double top, and broke both a rising trendline and the neckline of the double top. As the dollar started to rebound amid increasing risk sentiment, NZDUSD is most likely to sustain a falling trend as commodity-currency...
Waiting for rejection of zone, fib and trendline
I ve been posting this earlier...I expect price to drop 476 pips. It should end at the yearly pivot eventually from where it ll decide where it likes to trend next. But I would target Median price first, 100 percent Fib extension of a previous leg. Good luck This is no financial advise
COT Data CHF- Commercials have relieved their long positions giving rise to more producers (shorts) to move around. We had some commercials close their positions, but there were no more entered afterward. The shorts are still providing fuel to the Non-Commercials to drive prices higher and the Non-Commercials are happily taking the supply. There were 1280 new...
I am still posting Part 2 of my COT Analysis. However, we have a bearish Deep Gartley that I charted what seems like months ago! the 886 lines up with the 88 swing point and the lower and the lower part of the PRZ. PA has tested the whole PRZ the HSI and AMP RSI are both at extremes. the HSI has conducted it checkback and now im waiting for the floor to open...
AUDNZD sell stop 1.06310 SL 1.07879 TP 1.03175 R= 156.9 pips If price reaches 1.04746, move SL to 1.05998