Looking at the H4 chart, my overall bias for NZDUSD is bearish, as the current price is below the Ichimoku Cloud. Expecting the price to go down. Looking for sell entry at 0.61945 which is the overlap support, take profit at 0.59023 where the 61.8% Fibonacci Line is, and stop loss at 0.63892 where the recent swing high is. Any opinions, news, research, analyses,...
Looking at the H4 chart, my overall bias for NZDUSD is bearish, as the current price is below the Ichimoku Cloud, and the ascending trend line has been broken, indicating a change in market structure. Expecting the price to go down, looking for pullback sell entry at 0.62767 where the 23.6% Fibonacci line is, take profit at 0.60053 where the 50% Fibonacci line is,...
Price is approaching pivot point at 0.69281 which is in line with 23.6% Fibonacci extension level, 50.0% Fibonacci retracement level & horizontal overlap support. A break and close below this level could see a price swing towards 1st support at 0.68535.This level is in line with 50.0% Fibonacci extension level & horizontal pullback support. Finally, price is...
ngl i did not forsee us sticking this tightly to an advancing reverse H&S however, here we are, way above prior ATH. Next up we begin trading that final shoulder. I belive this will kick off a consolidation phase which may trade down to 21k range. area of interest is marked in the elliptical. apologies for the line puke of a chart. hide drawings to view...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
only entery the level is broken and catch the reteset
We are going to continue long with out NZDJPY trade Text book chart and we are targeting 78.78 another +250 pips Nice text book chart
NZD supported by precious metal but dont know how long ?? also euro policy it more close to change in bullish direction than nzd policy On long term i am long,now i try this on short term entry 1.6445 target 1.6565 stop loss 1.6385