Remember guys, When trading keep it simple. I taught myself trading. Just is January, I was horrible but my goal was to achieve this skill... The key to trading is patience and keeping things simple.
Look to short NZDJPY. On both NZDJPY and NZDUSD you will see a double bottom. (Youtube how to trade double bottoms )
Plus you can see this is a rising trend. Higher highs , higher lows. (NZDJPY) so price broke out of of an uptrend, look for price to sell to support.
you have a trendline support and horizontal supports. To know which support we may sell to, just draw a resistance and support trendline and trade within that trendline.
Look to short NZDJPY. On both NZDJPY and NZDUSD you will see a double bottom. (Youtube how to trade double bottoms )
Plus you can see this is a rising trend. Higher highs , higher lows. (NZDJPY) so price broke out of of an uptrend, look for price to sell to support.
you have a trendline support and horizontal supports. To know which support we may sell to, just draw a resistance and support trendline and trade within that trendline.
Note
Price is currently flagging, and hitting resistance.Note
falling to support... daily pivot point 76.238 and possible daily support 1 @ 76.016Note
seem to be forming a widening triangle.Note
NJ seems to like playing with us...Hmmmm, is this a rising wedge?
I see divergence on the 4H MACD
Hmmm for same weird reason I feel like this
may buy, hit the resistance on the daily TF then fall.
Note
yip it did buy then fall
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.