(Sell) EURNZD Trade Plan for March 30, 2018High probability of lower lows and that's why I'm selling with targets at 1.67
Eurbears
EURNZD TECHNICAL ANALYSIS -SELL NOVEMBER 27, 2017
Sell opportunity present.
Oversold stochastics in the daily and 4HR chart. Additionally, there is an over-extension to the upside after price closed above the upper BB.
Bears to aim support levels at 1.71 and 1.68
Stop loss above 1.74
EURAUD analysis-Sell for November 02, 2017Hey guys,
There is price action bear divergence pattern relative to the stochastics which are moving lower. Other than that sell signal, there is a clear double bar reversal happening at the 3rd quarter of this wedge meaning at any time there will be a break out. A break out below the 20 period MA and support trend line will be desirable for AUD bulls looking for free swap money.
In the monthly chart EURAUD Technical Analysis, there looks to be a potential head and shoulder pattern with recent highs testing the neck like at 1.554. Secondly, with technical formation in the daily chart, I will look to sell tomorrow especially if there is a strong break below the 20 period MA in the daily chart.
This will turn out as follows:
Sell: 1.505
Stop Loss: 1.52
Take Profit: ideal below 1.41 but look for a risk reward of 1:3
As always, let me know what you think in the comment section.
EURCHF SELL-27.10.2017Hello Guys,
Matter of fact, the Euro depreciation just begun. If you didn't catch that surge down , don't panic. Next week will offer better entries as more and more people jump, the EUR will jerk up a little bit before continuing with the plunge.
Two technical considerations advised my entry:
1. Notice that bear divergence pattern over the last 20 trading days or so. As EURCHF prices moved up, stochastics were trending down.
2. There is a stochastic sell signal in the monthly and the daily charts. That double bar bear reversal pattern in the daily chart after yesterday's ECB taper announcement triggered bears.
So, right now just watch price action. If you sell now, you won't be entering at best prices. Chill out and get better entries which guarantee good risk reward ratios next week.
Overly, 500 pips is what we should be aiming at in this currency pair especially if there is a break below that support trend line in the daily chart.
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EURUSD Short-07.09.2017Mario Draghi and ECB rate announcement in the course of the day under focus. Chances of tapering postponement is likely. Disappointed, bears should be in charge.
Trade should turn out as follows if conditions are met:
Sell Stop: 1.1955
Stop Loss above 1.1975
Take Profit: 1.1915
