EUR/NZDGood day traders,
Here is a quick analysis of what I see for EUR/NZD.
Looks like the price is flowing down the channel and might create a possible head and shoulder pattern to confirm a strong sell.
Please let me know what you think. I really do appreciate it.
Follow me to be updated for when the sell is confirmed.
Leave a like if this was helpful to your trading.
Janno
Sell-signal
EURNZD SHORT ACTIVE!I've currently just entered a sell on EURNZD. This is a personnel trade and is being used as a testimonial on a new trading strategy that im currently working on. im excited to see the result here and will keep you guys updated as we go into the evening.
the trade details were as follows:
ENTRY @ 1.68027
SL @ 1.68746 (44 PIPS)
TP @ LEFT OPEN
EUR/USD - USD Strength Prevails as price tags HTF key levelMarket Update. Bears continue to take control of this market. We've tagged our HTF key level and we're seeing a bounce. We still may see USD lose some gains on the week during trading today. Be careful with the NFP data released today.
For our potential break and retest trade setup - we didn't find a retest for our entry. However, one may come next week if USD loses some recent gains. That being said - our directional bias and USD strength has proven to be correct this week.
NZD/JPY - Break of Structure and Bearish MovesWhat have we seen on this pair?
We've seen an ascending trendline broken and retested acting as resistance.
Following this we've seen a strong bearish move.
Will price rally up to our highlighted key level before more sellers enter the market?
Happy Trading! Simplicity is Key for longer term structure!
GBPUSD - SHORT & RSI OVERBOUGHTBased on my analysis and theory i can see GBPUSD price will start to fall to around 1.356 area since RSI is showing overbought level and in resistance area too.
IF the price break out the resistance area, It will be good idea to close the trade.
This is my personal view, Trade at your own risk.
GBPUSD - SHORTBased on my analysis and theory, GBPUSD will be short for short-term
You can see the resistance level that put GU fall to around 1.354 support area and once it breakout the support area then it will fall more further to around 1.344 support area before we see GU going back up.
This is my personal view
Trade at your own risk.
- Give thumb up and follow for more future analysis and theory :)
EUR/USD - Possible Break of Structure?This is EUR/USD on the 4HR Chart. We can see price is testing our longer term ascending channel and we could see a possible break. Watch this 4HR candle! The purple level is our long term level marked on the Daily chart. Our blue level is a lower time frame level that price has respected numerous times.