


Iconic_Trading
NZDCAD reached weekly resistance zone. In H4 and daily timeframe we spotted a bullish rsi divergence. We should see a correction to our bearish trendline. Be careful and use low risk, we are still in a bearish market.
AUDUSD melted last night. Now we reached support. We want to see a correction to the top. Wait for h4 candleclose above zone to secure a safe entry.
USDJPY reached resistance zone, which is also our 0.786 fib level. If zone holds we could find possible short entries. Wait for candleformation, like wicks, dojis before you enter, or get in with low risk. We want to see some confirmation. Target is our 0.236 fib level.
USDJPY reached resistance zone, which is also our 0.786 fib level. If zone holds we could find possible short entries. Wait for candleformation, like wicks, dojis before you enter, or get in with low risk. We want to see some confirmation. Target is our 0.236 fib level.
USDJPY reached resistance zone, which is also our 0.786 fib level. If zone holds we could find possible short entries. Wait for candleformation, like wicks, dojis before you enter, or get in with low risk. We want to see some confirmation. Target is our 0.236 fib level.
USDJPY reached resistance zone, which is also our 0.786 fib level. If zone holds we could find possible short entries. Wait for candleformation, like wicks, dojis before you enter, or get in with low risk. We want to see some confirmation. Target is our 0.236 fib level.
If you´re still in NZDCHF you should be in profit and you can ignore this analysis. If you got stopped out at breakeven, you could get in again. Support zone seems to hold + we had a trendline break.
CADJPY moves in our bearish channel, we´re in a clear downtrend. We have a nice zone and fib level as resistance. Risk reward ratio is also good on this one. Rembember to move sl to breakeven once you´re 10 - 15 pips in profit.
NZDUSD reached major support zone again. We also have a bullish rsi divergence, which is a sign for a trend reversal. Great risk reward ratio on this one.
EURJPY retested previous support as resistance. EUR is these days fundamental very week + we have EMA´s as resistance.
EURJPY retested previous support as resistance. EUR is these days fundamental very week + we have EMA´s as resistance.
EURUSD reached support zone. We have a nice bullish rsi divergence, which is a sign for a reversal. Next target should be resistance, you can see it marked on the chart. Move sl to breakeven after 10 - 15 pips to be secure.
Look at this wicks, thats what we mean when we say wait for "signs of reversal or candleformation" Wicks and dojis at our zone and fib level.
EURCHF is bearish the last few days, soon we should see a bullish correction. We reached support and daily support zone is also not far away. We also have a bullish rsi divergence, which is a sign for a bullish trend reversal. You can enter at first support or wait for the better entry at daily support, its your choice. Sl in profit after 10 - 15 pips to be safe.
GBPNZD reached support and resistance zone. Its also a nice daily fib level, which hold several times in the past. Wait for confirmation and signs of reversal like wicks, dojis ... Great risk reward ratio, ( risk 1 get 6 ) Use low lotsize
EURJPY reached support zone, which is also our daily 0.50 fib level. Zone got rejected multiple times. Move sl to breakeven asap you 10 - 15 pips in profit.
NZDJPY broke and retested support, which is also our 0.618 fib level. We also have a bullish rsi divergence. Target should be the 0.236 fib retracement. Move sl to breakeven asap you 10 - 15 pips in profit.
EURAUD Our descending triangle has been broken. EMA´s as support. Really great risk reward ratio ( risk 1 get 6 ) Personally we want to see a retest before we enter and some confirmation like wicks, doji´s ... Keep an eye at it, could be an interesting setup.