Get started

Priceactiontrading

EURNZD, 4HR TF, sell the end of wave-4 Today we saw a fierce selloff in NZDUSD because of covid case in Aucland. In my opinion this sell off could be an opportunity to enter short as RBNZ might start tapering soon. This trade ideas offer 8.6R trade opportunity. Price now struggling at 61.8 fibonacci retracement of wave-3 which means we might see wave-4 end soon and we got another push to the downside for wave-5. Sell EURNZD 1.6905 Stop loss 1.6945 Take profit 1.6560 (8.6R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBPUSD LONG/BUY AnalysisPotentially looking for the market to break out its current downwards channel to make its way to the upside towards the 1.39800 zone. There are candles signaling signs of reversal too. And on the 1D timeframe, it has respected ZONE 1 perfectly, all of which gives me confidence that I'll be looking for a long entry. Obviously, the other side to this analysis, is the fact it could continue the trend downwards within the channel and continue the push towards the downside. Either way It's a risk I am willing to take and we shall see how the market pans out.
Long
by FreaKaneOut