Hi fellow traders, Take your look at the depicted chart and feel free to give NZD/USD a short ;) Trade well! Makkaba
Looking at the NZDUSD we can see the pair have been in a daily range for some time now. The pair have bounced off the top and now look to be crossing the trend line. I will look to sell the pair when it breaks below, closes below and if poss get a retest, before continuing lower.
Hi traders!I hold a point:Good charts does not more words to explain! Good luck!
I hold a point:Good charts does not more words to explain! Good luck!
Hi,traders,I hold a point:Good charts does not more words to explain! Good luck TP2-0.71
CBR Key Level + Fibo 261.8 will be the critical decision point. Looking for Reversal Pattern when it reach to that zone. (If the zone does not break) This might be temporary pullback. We will see. Looking for short...
Shorting based on broken trendline, the trendline is being tested as I write this. Am expecting some consolidation in the consolidation box and a rally to the downside.
On the daily time frame we can see the NZDUSD have formed a wedge pattern (larger than I earlier realised). If we also look we can see bearish divergence. I have entered short again on this pair.
If we look at the NZDUSD chart, we can see a spike up through the edge of Bearish wedge, before being rejected. This should lead to another Bearish impulse move lower.