NXS is looking in upward trend as it is making higher highs and higher lows since MAY 2020. Recently. NXS broke the weekly resistance at 2065, which was then tested twice, making it strong support. A new candle has open above Monthly level at 2250. It is going to test the newly created support at 2250. If it is rejected then NXS will be in bullish move. Right now,...
market cycle reversal, green fractal indicates an upward move similar to that seen in the first bull run, other than that more consolidation will most likely continue. Log Trend shows an inverse cup and handle setup, which may lead to new lows, or be invalidated with an upward move.
Technical analysis: . NEXUS/USDollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...
Buy Price: Yellow Line TP: Green Lines Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good...
Technical analysis: . NEXUS/DOLLAR 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 support. . The RSI is at 51. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . NEXUS/DOLLAR 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 support. . The RSI is at 51. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . NEXUS/DOLLAR is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (1.81 to 1.22). if so, traders can set orders based on...
Technical analysis: . NEXUS/DOLLAR is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (1.81 to 1.22). if so, traders can set orders based on...