AUDNZD made a bullish reversal after the completion of an ending diagonal pattern. The impulsive rally has made a two swing high, the i-ii, (1)-(2) wave structure. The completion of wave (2) correction which unfolded as a double zigzag, terminated at 61.8 Fib, and enclosed within a parallel channel indicated that the price action might have found a bottom in the...
-As mentioned in the previous analysis, 4H rejected the 1.05630, Looking for the move from LH to at least a Low or a LowerLow. -30m is still making it's move from our new LL to LH. will see which scenario will play out and update accordingly.
Set a buy limit @yellow horizontal line.thank me by a follow.
HERE ON THE H4 CHARTS WE CAN SEE THAT PRICE IS WITHIN THAT 0.38 FIB LEVEL AND WE CAN SEE SOME REJECTIONS....BUT LETS LOOK FOR MORE CONFIRMATIONS BEFORE TAKING THE TRADE
A GOOD TIME TO GO SHORT ON THIS PAIR....WE COULD SEE A BREAK BELOW THAT MAJOR KEYLEVEL.....AND PRICE HAS COME BACK FOR THE RETEST LETS ACTUALLY SEE WHERE PRICE IS ON THE FIB TOOL ON THE H4 CHARTS
NZD/USD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short...
Market is forming an LH on Daily, Rejecting the 1.05452 area. same goes to our reading structure timeframe, 4H, Firstly Market rejecting the PSY-Zone at the previous LH showing signs of sellers entering the market. for confirmation we can see 1H is building up a sell setup. breakout of the trendline, next we are looking for break and retest of the support at the...
let's see how it's going to react RR is more than 1:5 will update after sl hit or target hit
SEE ALL MY PREVIOUS DIEAS TO SEE HOW ALL MY TRADES ARE WINNIG.
We are seeing correction toward based area at 1.0500 level which align with the major key level as well as the 50.0 fibs retracement and 50MA, Look for long entry at the rejections above based area on the highlighted...