Forexpositive
EURUSD - Can Head & Shoulder - Become Bullish ? 1.1250 - 1.1800We all know Head and Shoulder (H & S) is a classic pattern which activates only below the neckline & neckline low is recent low of 1.1215
So why not take advantage of buying the pattern if it holds above 1.1250 level & any opportunity between 1.1265 - 1.1275 should be seen as good risk reward trade in next few weeks if it holds above 1.1250 mark.
Upside Target - 1.1800 - No long trades below 1.1250 mark.
NZDUSDHi everyone ! Today I am gonna give you my NZDUSD analysis.
We are on the bullish rally to the 0.672 +/- level.
What I see now on the 1H chart is bearish divergence, It means that there will be a correnction on the road to the level which I mentioned above. (I hope)
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NZD CAD break of weekly trend lineBroken ascending trend line, and a very key support level, we are looking at a bullish movement at market open, both fundamental and technical analysis point to a fall.
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