NZDUSD long setupThis pair has recently broken the declining trendline to the upside and is currently in an uptrend.
The retracement of the latest impuls has created a support zone for stop loss placement.
The buystop order has been placed @0.7267, targets @0.7325 and the stoploss beneath the support zone @0.7218.
Happy banking!
Zonetrading
EURUSD breakout setup A break of the resistance zone would complete a buy stop opportunity.
The rising trend line has been retested multiple times and has proved to act like support.
The buystop order has been placed above the resistance zone @1.1932, targets @1.2042 and the stoploss beneath the rising trend line @1.1849.
Happy banking!
Apple ( $AAPL ) Short to the bottom of the RangeThis week on Apple, price has given a good retest of the high supply zone at $153. I would like to see Apple come all the way back down to the demand zone at $145.00. Price is in a range right now and I’m looking for price it the bottom extreme of the range. On the way down, I believe we will have some 60 minute demand zones to chew through but I don't expect them the be to hard.
EURCHF Price Movement Possibility MapSo we have price ranging in between a support and resistance zone for over a year now with a resistance trendline included.
I have mapped out what I think is viable price movement over the next month, so it can go up, but likely down. I think down because of the recent bearish nature of this pair, as it broke the support trendline and price began to slope downwards.
We will have to wait and see, however, in my honest opinion, I believe we will see price below 1.03 within the next 2 to 3 months for sure
USDCAD Counter Trend Looking at a possible counter trend long on USDCAD as price is revisiting a upward trendline drawn from the yearly lows. This area is also a nice demand zone area on the daily timeframe. However, we should consider that the Trend is Down on the weekly and just left a weekly supply zone.