Very choppy price action but is still long term bullish because of the weak US, but need a decent pull back and rejection with a 4h rejection to look for entries
#NZDUSD - NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and some strength in the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES also fell down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. - Thus, COMMODITIES are being sold quite a bit. It also affects the NZD...
NZDUSD made lower lows, indicating a bearish trend. The price broke the level of support and closed below it. An ideal entry would be a rejection of the resistance zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
OANDA:NZDUSD Strong support zone that will support NZDUSD
Good morning one and all. So I didn't place any trades yesterday to a large extent because there were some volatility spikes that occurred across the board yesterday and in my experience price will often come back up or down to fill such spikes before it can continue in my forecasted direction, which in some cases appears to be what's now happening. So once again...
Hello traders, this is my analysis and the way I will operate. Post your idea/analysis below for discussion. Thank you all for your support. For mentoring services, FX signals, Crypto, Indices and Stocks PM me.
Ingenuity Trading Model- Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model...
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A shorting opportunity setup for a shorting opportunity as a 5-0 pattern as a counter-trend trade
Area of buyers are holding their ground and pushed price to new highs Sellers came in bring price back down to the exact are made the break. Probability for me is that I am betting price will go back to resistance where sellers are waiting for price to keep moving up. If anything there is an explanation of what can happen if it keeps going down.
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair is moving in Ascending triangle. Our analysis is that it will go up till its resistance. Let us know your views on this in the comment section. Thank you...
Followed by the successful short trade. i looking to long this pair once the price reach 63 +- area . Follow me and let ride this again !
Big Descending Channel and Now Price continue fallen according D1 Struture. I am Expecting Big Drop Before Bull Rally. ThankYou