Not the best, but let's see. 2.5:1 short. Flag goes to 23.6, not my favorite. Small position.
Hi traders!I hold a point:Good charts does not more words to explain! Good luck!
I hold a point:Good charts does not more words to explain! Good luck!
Buy above 0.7176. Stop loss at 0.7137. Take profit at 0.7240. Reason for the trading strategy (technically): We prepare to turn bullish above 0.7176 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7240 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (21,5,3) is seeing strong support at the 10% level...
Buy above 0.7176. Stop loss at 0.7137. Take profit at 0.7240. Reason for the trading strategy (technically): Price has dropped nicely and is reaching our profit target perfectly. We prepare to turn bullish above 0.7176 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7240 resistance (Fibonacci retracement, horizontal overlap...
Buy above 0.7119. Stop loss at 0.7044. Take profit at 0.7242. Reason for the trading strategy (technically): Price is approaching major support at 0.7119 (Fibonacci retracement, Fibonacci extension, horizontal support) where we expect a bounce up to at least 0.7242 (Fibonacci retracement, horizontal swing high resistance). Stochastic (21,5,3) is seeing strong...
We see the price moves between the range of 0.7250 to 0.7100 for few more days before a big fall to 0.6950 - The setup invalidates if the price breaks 0.7350
price has broken below the trend line and MACD also giving a sell signal. Target is just before a tough are of support
Hi,traders,I hold a point:Good charts does not more words to explain! Good luck TP2-0.71
The neckline to the double top pattern at 0.74 has once again come out on the winning side, the confluence of the daily up sloping channel and a descending one. The formation of a daily shooting star adds proximity to a hurdle. With the weekly RSI closing in on resistance, upside is likely to remain capped. In the short term a correction towards 0.7060 of the...
NZDUSD struggling on daily resistance for long time now. Expecting pullback in today's London session, when DXY is about to get more up (dollar strengthening) NZDUSD might be also a longterm sell (weekly + daily timeframes) BTW: (I'm not trying to catch all move as always) Don't forget to trade with proper MM/RM and caution. Good luck people.
There is a downtrend. Set Entry level - 0.73264, TP - 0.72862, SL - 0.73664
Double Top completed, and short setup is underway Entry 0.7231 SL: 0.7329 (-97) TP1: 0.7110 (+120) TP2: 0.7063 (+168) TP3: 0.7015 (+215) Good Luck
I want to see market price pull up to the resistance at the .7255 zone/50ema as well as momentum and macd to pull up to their resistance points. When all three have pulled up I will look to take a short targeting new lows at the .7160 zone
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This chart shows Sell setup for NZD/USD will give you small sell setup till 0.71423