MinchFX

MinchFX

Pulling back via a channel through the Asian session to the daily pivot level, break out, now retesting the breakout and the daily pivot. targeting the R1 level with a tight stop for a 6:1

MinchFX

Broke the weekly trendline from 2015 Currently retesting that trendline

MinchFX

Resistance at a weekly down trendline, slight divergence with the bond yields and the Kiwi currency index. Talk of wanting RBNZ wanting a lower NZD, the yields are dropping, which the NZD in theory should follow. Black - NZDJPY Blue - NZD Currency index Red - 2 year bind yield Light Yellow- 10 year bond yield

MinchFX

Possible idea

MinchFX

See how it starts to form around this area its in, looking for a possible long from here, will see how it goes

MinchFX

Looking for rejection on the retest for a long. Some smaller time frame uptrend form before entering

MinchFX

Back to retest this area, looking for some clear rejection with smaller time frame turns before entering long again.

MinchFX

Keeping an eye on this, if it starts to look good to enter a long. Possible great RR. See how it starts to go on the smaller time frames for perhaps an early indication

MinchFX

H & S, possible long. Probably wait for a break and retest. Although a dip in the oil price may have contributed the CAD weakening slightly, so it might bounce back downwards here again while oil gains some momentum back. Will wait and see what happens

MinchFX

Probably enter once (IF) the 15 min breaks down from its last low

MinchFX

At some dynamic resistance and the previous days high. Will we continue the downtrend and take out yesterdays low?

MinchFX

Retest the previous which aligns with the 38 fibo, maybe a wick a little further to clip the 200 (4h) ema / 50 (daily) ema

MinchFX

....

MinchFX

0.618 hit and up next

MinchFX

Up to first target

MinchFX

updown up down

MinchFX

Could we see a 20% pump here

MinchFX

maybe?