Looks like NZDUSD has found market structure in the form of a channel, expecting new highs and price to reach upper boundary of channel drawn in analysis.
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The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 372.00
• Take Profit Level: 380.00 (800 pips)
If the price ...
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1145.00
• Take Profit Level: 1160.00 (1500 pips)
If the price ...
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 195.00
• Take Profit Level: 200.00 (500 pips)
If the price ...
We have seen GBP / USD fall over recent weeks. Whereas I still believe there are opportunists looking to profit through shorts, I will be going long from the week commencing 28th May.
Here is why;
1. We have gone past the 2018 Daily low (Investors negative around the pounds outlook) and often we see faster recoveries when a major support is broken as traders do ...
NZDUSD has been making Lower Lows and Lower Highs for the past few days, Price has recently hit the monthly resistance at the price of 0.73000 and a chart & candlestick reversal pattern has been show!
EURUSD has reached a major resistance level at 1.24382 price level. it had consolidated for almost 2 days showing countless rejections when price tried to go bullish then price had dropped down to the 1.23313 support price level. Price had started to go bearish however it went back up for a retest , I'm hoping that price would go down towards the 1.22284 Support ...
XAUUSD is at a Major Resistance Area , Price Seems to always reversal going in a bearish within that area however the market has disrespected the trendline by price breaking out of it , it could possibly go in a bullish direction towards the Resistance Zone! if so , price would retest back on the trend line and head up!
I wouldn't place a trade on XAUUSD at this ...
Everything is plotted. wait for the retest.
watch out for the 14th, aussie fundamentals will be released.
Take prof is plotted as well. trail stop as you go.
