THE PAIR HAS COMPLETED THE PATTERN( THIRD TOUCH AT PRICE 0.93296 ) AND NOW OUR 90% RULE IS ACTIVATED. - I BELIEVE THE PRICE WILL PRICE 0.83416.
I'M LOOKING TO SHORT THIS PAIR . I HIGHLY BELIEVE IT'S GONNA REVERSE AT RESISTANCE ZONE PRICE 0.92829 BECAUSE LOOKING FURTHER BACK THERE ARE THREE TOUCHES AT THE SAME PRICE. AND IF IT CONTINUES BUYING, I BELIEVE IT'S GONNA HAVE TO SELL OFF FROM THE RESISTANCE ZONE PRICE 0.95068 TO SUPPORT ZONE PRICE 0.90200 - ALWAYS USE RISK MANAGEMENT.
NZDUSD is been moving in an ascending channel that is now about to become Support or Resistance zone of the Mmarket. - I believe price will come retest Support zone price 0.70944. If and Only if the targeted Support zone gets broken then, The price is gonna continue Selling till it reach another Support zone price 0.67509.
Retesting the Support to fully buy til TP @price 1927.946 is hit!!
PRICE HAS FINALLY BROKE RESISTANCE ZONE THAT IS NOW SUPPORT @PRICE 1.07023 AND I BELIEVE PRICE WILL CONTINUE BUYING TO REACH RESISTANCE ZONE PRICE 1.09638
THE PRICE HAS ALREADY TESTED SUPPORT PRICE 1.26889 AND THERE IS POTENTIAL OF THE PRICE WANTING TO TEST RESISTANCE PRICE 1.29500 BEFORE SELLING LONG-TERM!!!! TOWARDS SUPPORT ZONE PRICE 1.23761 *NOTE : I MAY BE WRONG! THIS IS FOREX.
I'm expecting price to retest the trendline then continue buying long term. If the price breaks The Trendline , i believe it will like to test Support price 122.980 one more time to go for buy long term and possibly reach Resistance price 126.650.
Step 1. I GO WITH SELL, since the price have reached weekly Resistance price 126.704 and by looking at the past price every time the price reach weekly resistance it reverses. Therefore , i believe the price will reverse one more time to go test OB price 122.958. Step 2. If the price break Weekly Resistance price 126.704 then i'm gonna look for buying opportunities.
Currently selling .... but i expect price to reverse at Support 1.27773 and go long to reach OB 1.29796 ONLY if the price will break OB price 1.28257. Although this is short-term Because i am expecting UC to SELL long-term according to my analysis on High time frame. But if only the price do not buy and break my major Support @1.27773 then really it's gonna SEEL...
XU bought as predicted and now has reached the OB @1869.554 for retest i believe, and if it breaks the weekly Resistance @1883.647 then i believe it will go up a lil more to test another OB @1955.938 then SELL long-term to reach Support @1784.147. Otherwise now i expect price to break the OB price 1869.554 to come retest Support @price 1784,147
Price broke mini Support 0.89825 I believe it will test Major Support @ 0.78707
Price already broke the trendline and Potentially approaching( BUYING) Resistance @1.82454 and i believe the price will retest then go for SELL to reach Support @1.58499
Resistance 1.35293 has been tested as predicted and now price is approaching DAILY trendline which i doubt it will be respected. Because i expect price to break the Trendline and reach Support 1.27262 for retest and then go LONG for BUY. > For this analysis we only focus on SELL and we can see the price is going to our favour!!!!! to reach Support @1.27262
Gold has a potential of retesting the major resistance 1883.647 If not it will create liquidity above the Weekly Resistance with the aim of mitigating the orders @1955.938 before going Short to reach Support zone @1374.232
The price is gonna test the support zone 16.37215 then retrace and buy long to reach the resistance zone 16.99323(TP) - And if it fails to retrace support 16.37215 then put SL at 16.26807 and order buy limit at price 16.12066 But either way , the price is buying long.
The price will test the bottom trentline and continue in a bullish direction. And again there's potential short sell at the red trendline where the price is gonna test retrace and I think continue Bullishing( long buy)... this also appears in other time frames( H1-4H). Getting ready to buy NZDJPY .