NZD/CHF 1hr chart long.Fib levels are showing retracements of 0.618 and 0.5.
6 hours before (including the present candlestick that hasn't properly been formed yet.), there is a hanging man candlestick that forms and acts as support on the 0.5 retracement line and the candlestick before that acts as support for the 0.618 retracement line.
I would safely assume you should either buy on the 0.5 or 0.618 retracement line and take profit at the 1.618 or 2.618 profit target.
(p.s, I've edited the retracement to add in what my modified version of the profit target)
Check this out guys and keep following me for more updates and more technical analysis.
1hr
NZDJPY / 1HR / CTT *Received Confirmation*After waiting for a Double Top at one of these levels, I ended
up getting the added confirmation I needed to place my Trade.
PAIR: NZD/JPY
TTF: 1HR
TRADE: CTT
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
EURUSD SHORT Repost Hey,
EURUSD SHORT, trade as a retracement from the daily trend line labeled, possible targets 0.5fib through to 0.618fib.
EURUSD LONG, on a break of the daily trend long with a retest before pushing to 1.081
Risk 1percent both trades, to hold for 1day.
Missed first entry after the trendline break but discovered a second entry and possible long.
enjoy.
Reposted because of the missing monthly trendline
EURUSD SHORTHey,
EURUSD SHORT, trade as a retracement from the daily trend line labeled, possible targets 0.5fib through to 0.618fib.
EURUSD LONG, on a break of the daily trend long with a retest before pushing to 1.081
Risk 1percent both trades, to hold for 1day.
Missed first entry after the trendline break but discovered a second entry and possible long.
enjoy.