If the wedge holds price, looking to get in at the top of the wedge before a move back into the larger channel
EURNZD has broken out of its previous structure and retraced 61.8% of its breakout move and is now showing divergence on the smaller time frames. Looking left is strong weekly S/R so i am expecting a move to the upside here
Currently trading below the 61.8 fib highlighted areas are where id like to add a sell or a buy on confirmation
Still Looking for longs here, some turbulence last week with risk on risk off selling and buying in the share markets when DOW bounced off its 50% retracement . Its still very much controlled by news releases. for now i see one more buy before its big sell off. Could we see a euro dollar parity soon?
Price getting squeezed into this wedge, if we break out looking to take this long as the Nikkei continues its bullish move
multiple trend line touches, euro catching a big this morning on other pairs, just looking for dollar bears to return and dow to recover
Triangle break, below mavs, only concern is last bullish candle
Seems to be a long term trend line test (line in yellow) we are showing Divergence now after its extended bear run from the highs, Time for a correction?
Fib sequence completed, top of triangle completed, Divergence