Get started

Kiwi

Kiwi EMA's ready to take off?*Price retesting trendline (b) and it seems like it is acting as a support. *Price closed above trendlines (a)&(b) *Price closed above 200 EMA (purple) *Speaking of EMA: 20 Red 50 Green 100 Turqoise 200 purple EMAs are perfectely and respectively aligned.(Looking back in time, When 20,50,100,150 & 200 EMA aligned, noticable moves were made). N.B: The 150 EMA is also respectively aligned with these 4 EMAs (between turqoise & purple). As my fifth & last indicator, I Chose the Ichimoku, as we can see, price found support and remained above the clouds. *A change in the structure of the market is starting to show with the higher high and higher low. It does not mean it is a winning trade, but this is kind of setup I look for it.
Long
by thewannabetrader
NZDUSD - Live weekly Elliott plotsAs per plotting of the Weekly in Advanced Get - we will update these ideas with daily plots. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
by Mayfair_Ventures
2
Symmetrical Triangle with Breakout in NZDJPY Towards 78.50Trend Analysis The main view of this trade idea is on the 30-Min Chart. The FX Cross NZDJPY is in a symmetrical triangle setup. The support trend line is connected by the 76.50 and 77 high lows while the resistance trend line is connected by the 78.11 and 77.60 lower highs. Expectations are for a breakout higher, with a target of 78.50. A failure of this setup will be observed if NZDJPY were to decline to 76.855. Technical Indicators NZDJPY has positive crossovers on its short (50-MA), medium (100-MA) and long (200-MA) term fractal moving averages. The RSI is greater than 50 and there has been a positive crossover on the KST. Recommendation The recommendation will be to go long at market, with a stop loss at 76.855 and a target of 78.50. This produces a risk/reward ratio of 1.48. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. Currently I have a position in NZDJPY.
Long
by Ceddy86