Down trend continuation, stochastic cross down all support sell trade. line in black is short term trade and line in red is my long term expectation.
Price is going horizontal for over a month in a strong resistance zone and can not break through. We also have red engulfing candle that support bearish. I will go short but if price break the yellow zone I will cancel then wait for bullish signal. Please like, share and follow if you agree.
As long as price is under 1.17433 so pair is for sale, bearish pin bar support bearish idea. If price break through 1.17433 then we will think to buy. With this confusion ichimoku indicator is a great assistant, price is under cloud, conversion line did not cross base line (it is close though) same for lead 1 and lead 2 and lagging span still inside the cloud. If...
Price is in selling zone and now it is expected to retest level 1.17145 then continue bearish. TP1: 1.16351 TP2: 1.16075 TP3: 1.15371 If price break through Purple and golden trend lines so this idea is not active anymore and will cancel trade. Please like and follow if you agree with it.
Price breakout a strong resistance zone last week, with pin bar candle followed by engulfing bullish candle, expected strong bullish trend will continue. TP @ 149.896. If price break down the previous resistance zone so this idea is not valid anymore. Please like and follow if you agree.
Level 0.99938 was broken, price is going to retest this level again then bounce back up to 1.01050. If price break below level 0.99938 then this idea is not valid. Please like and follow if you agree.
Triangle pattern is forming. Bearish candles lose momentum and forming bullish pin bar. TP 0.99895
Price is in Buy Zone, we might see retesting to the dotted level then bounce to 1.17411 level. If price break through the dotted level then we will wait for another bullish confirmation.
Broken descending channel that support bullish trend. please like and share if you agree
On weekly chart price reached support zone with bullish candle. On H4 chart we have broken trend line that support bullish trend but we will wait resistance zone break for confirmation. I will also watch this week news very carefully.
Sell EURNZD Channel breakout. TP1 1.71799. TP2 1.17380
Bearish pin bar just right on 50 fib level in downtrend
We see wave A starting from the upper trend line. So we expect price to eventually breakout to the downside. There are two possible ways to trade this move. (1) Completion of the ABCDE Elliot wave to point E confirms that the short trade can be made at point E to follow the wave to the lower trend line, and possibly beyond as price breaks out of the lower trend...
We might have flat ABC correction wave and then continuation bearish. i will open trade on breakout.
USD keeps crawling up this week with the hike of interest rate last week.