Validated confluences 1.Weekly Trend line broken 2.Support broken Resistance validated 3.Upper Bollinger Band breached in Resistance zone 4.Profit margin 1:2 (minimum) 5.No resistance until 0.8670
IMPORTANT - Don't overexpose yourself to too many NZD pairs. We are already in a good place to attack sells. based on the H1 setup that we have gotten. If you want to be more conservative, wait for the H4 chart, trend line breakout.
H4 - Price moving inside a range but keep in mind that our main direction is still up, and thus If we get a setup, it is recommended to trade it with smaller risk than usual. The potential risk:reward here is good. First of all we want to see the price reaching the top of the range (rectangle) around 1.7850. First we want to see a break below the trend line....
In this 1 Hour chart we can see a good downtrend and a pair of major and minor resistance levels as well as two major support levels .It is more likely and possible to fall short after price touching the trend line and it will probably sell up to to the round number present there 0.78800 and the price is likely to reverse and retrace up to the ...
W1 - Range H4 - Price broke above the swing high at 39.35. Scenario 1 - One more wave down then buys with TL breakout. Scenario 2 - H1 - Most recent high and TL was already broken up. We can go long as long as last low around 37.95 is holding. We can wait for another small correction and trend line to be created, and wait for a breakout to enter. M 15 -...
It seems to push lower...TP and SL given in the chart.
In this pair we can see a major resistance zone and a minor one and a pullback with a XABCD previous Harmonic Pattern .This would be a good short sell trade if anyone is interested.Just an analysis. NOTE :- I am not a pro trader,still a learner.Feel free to show my mistakes and help me to learn. Thanks.
LONG GOOG Fibonacci on Daily levels (not shown) 15min/1Hr trend line resistance broken A new week ahead, bullish.
Double top formation. Possibiliy of ascending trendline to be taken out. On close below trendline go Short with TP at 0.9500.
Validated confluences 1.Weekly/Monthly Trend line broken 2.Resistance broken Support valid 3.Trend Trading 4.Profit margin 1:6 (Rounded) 5.Bottom Bollinger Band on daily timeframe above support zone which validates that there is major obstruction in and around the level Price action filled gap but did not have enough bullish power to go above and beyond
Validated confluences 1.Weekly Trend line broken (Downtrend in play) 2.Resistance breached by strong support 3.Bollinger band pierced by price 4..Profit margin 1:3
Validated confluences 1.Weekly Trend line broken (downtrend weekly,daily) 2.Opposing support breached resistance 3.Trend Trading 4.Profit margin 1:3 5.No support zone until 1.4670
Validated confluences 1.Upperband Bollinger band in the strong resistance zone which indicated resistance in or around(below) zone 2.Opposing support zone Breached by the strength of resistance 3.Profit margin 1:4 4.No strong support until 2660 5.Downtrend still validated by trend-line
Validated confluences 1.Daily Trend-line broken (uptrend) 2.Resistance broken support valid 3.Profit margin 1:4 Major resistance zone/area breached which indicated bears have capitulated to the strength of the bulls, which also shows us who is in control of the market. Based of two strong confluences which is opposing force breached and trend-line break to the upside.
Validated confluences 1.Daily Trend-line broken (uptrend) 2.Support broken Resistance valid 3.Profit margin 1:3 4.Lower Bollinger band shows major resistance which indicates confluence with support (blue lines)
Validated confluences 1.Daily Trend-line broken 2.Support broken Resistance valid 3.Profit margin 1:5 4.Big buyers near 9.2700 Waiting for retracement to strong support which broke through the resistance if price action meets take profit and there no signs of reversal we hold to 9.4500 which increase the profit margin to 1:11
Validated confluences 1.Weekly Trend line broken 2.Support broken Resistance valid 3.Trend Trading 5.Profit margin 1:3 Price action formed inside candle which means bears could not breach the previous low, Price created the inside bar then price retraced back to previous strong support.
Validated confluences 1.Weekly Trend line broken 2.Support broken Resistance valid 3.Trend Trading 5.Profit margin 1:3 Price action tried to push price up passed the 14833.7 but resistance was too strong