After breaking out of an ascending channel, a weak test came in
Okay, On my Higher timeframe the Daily we have an uptreand , so i was looking for a pullback(Discount) so i can try and join the uptrend, on my trading timeframe the 240 i was looking for a temporary downtrend. Price started to range between 1.11212 and 1.10742(Marked by green broken lines) this was a sign of sellers struggling to go lower low, but the buy ran...
GBPNZD is correlating with my other setup of GBPJPY, in fact the entire GBP pairs are showing signs of going long in the 240 chart , price was in a mini range after the pullback, recently we flew out of the range and now price looks like it is holding on the other side of the range, i am looking for buy setups in the next few candles if the conditions stays like this.
I have been stalking this setup from last week, and the signs point to the upside, the buyers came back with big candles and the sellers have since been struggling to go down, price is currently in a mini range.
we had a massive rally up during the Europe session, market is currently in a pullback mode. im looking for a buy setup .
The key to this setup is the emotional candle(big candle) circled in white. when most traders see such candles they pull the trigger(FOMO). i have come to realize that the key to trading is waiting. After the emotional candle the market started pulling back and the sellers came in, at the moment price is in a mini range i am waiting to see if the buyers will take...
Price made a new low, looking for another weak push to the north side then ill jump on the sell
Testing broken support looking to turn resistance, will price hold? waiting for sell setup
Broke out of mini range, the overall trend is down, looking for a pullback and test then ill sell, daytrade
It looks like NZD is weak, and the other pairs are gaining strength against nzd. Looking for long setups
The overall trend is Up, it looks like the pullback is done and the buyers are back, im looking to long EURNZD TP=1.75963, SL=1.73245
SInce im seeing weakness in nzd, im looking for short setups on this pair. overall trend is to the south side(Downtrend). And the pair recently dropped like a hot potato, im anticipating for one last push to the north side(up), if the last push is weak/show signs of struggle i will sell the pair.