Entry price, stop loss and targets mentioned in graph.
Target price and stop loss is on graph.
NZDSGD has just priced a Lower High on its 1W Channel Down (RSI = 35.543, MACD = -0.009, Highs/Lows = -0.0089, B/BP = -0.0174). 1D has just touched its 50% Fibonacci retracement point (STOCHRSI = 54.611, ADX = 20.663, Highs/Lows = 0.0000) and is expected to make a swift 100% completion. We are targeting the cross of the channel's intermediate and Lower Low inner...
NZD/SGD Trading Plan Currency rate made a fake broke of key level 0.9192. D1 close upper it. For me, it is a signal to open long position with low risk. Most of the times big players protect such levels because when they made fake broke of the key level. They activate all limit orders of retail traders, for big players it is fuel. If someone wants to buy...
As seen on the chart NZDSGD hit and rebounded off the Novemeber 2017 0.91994 support. A similar 1D Channel Up is being formed (RSI = 55.929, ADX = 40.714). Resistances (and TP points) are illustrated with the purple rays. We are long (TP 0.96992).
The downtrend seems to be coming to an end. Wait for a positive reaction to the L line of pitchfork or trend line, then you can buy. Set targets according to the chart.
High short pressure will lead the cross to go down. NZD are loosing power also in others crosses
The cross is investest by a short pressure very high it will drop down on monday
Approacing the breakout in short trend, it will break and go down
the market is deeply shorting this cross this result in clear short trend and our indicators say "SELL IT" good opportunity in my opinion
Spotted a XABCD pattern that occurred and this indicates that the market will long. Last move before the market closed, retracement showed 0.618 which indicates the pull back to go long and the profit target used shows a desired profit area of 2.618. Small stop loss but should look like a potential market to follow as there are long opportunities to seize in the moment.
From what I see on the 4 hour chart, I can tell you that this is in fact a long term trade for the fact that it was on an uptrend before October 11th 2016 (first green arrow) and it has still continued to push up. Furthermore I jotted down a little support line which was retested twice and XABCD + Triangle pattern confirms this uptrend. Look out for this during...
buy at previous support around 0.9985
Importan Note: 1. Trendline is break and Daily trend continuation. 2. OBV trendline breaout with good direction. 3. Volume is overpower with energy. Trade with care.