Predictindex

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Red line = starting point Upper red line could be a clean up area Will need to wait for confirmation before opening trades . Good luck . If price close above "x" point , idea will be invalid

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The overall trend of NU is bullish , however with the usd dollar , investors are expecting the rate hike (which will not happen this month but after the election , in my opinion).This is why we see some rocket movement on Friday.Also, we see some sight that NZD is facing weekly resistance. Price is expect is be move within its range , between 0.70xx ~ 0.74xx ,...

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The risk of this trade would be the ext of the leg . Thus , position will be open when price breaks the red line

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See chart . (Long Then short)

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Chart Talks

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See chart

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Simple Reason : It Needs to Complete its Structure before flying If price breaks the two lines with strong bullish bar, it would in-valid this idea .

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Watch the red line and decide But for short-term, I see there are some strong seller of GBP

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Umm...

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Short is the right direction. Break the "C" level would invalid this idea

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See chart

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Watch Red Line and Red Box. 1st Target = red box 2nd Target = D point

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Looking For Short . Plan will change once orange area breaks. Good Luck :)

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Watch The green line

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Area between two lines

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This one is more clear is trade compare to other jpy pairs... If price breaks both red line , then you are "safe" and good to go.... Otherwise price will test the two grey lines before dropping .

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Price stands at the trend line. Expecting a fake out before going up as the bear seems so strong. But the risk is that ,will this be a breakout or a fakeout? Lets see what happen when market opens or hit the grey box