Price channel action. pin bars. engulfing bull.
price is leveling out and getting ready to drop.
Price couldn't stay above .7150. Also USD is in control right now. Highly expected that U.S. FED will raise interest rate this week.
trend line resistance. Lower lows and lower highs. Target at 110.00
short NZDUSD; this is long term trade
equal measured move setting up. Looking for reversal candle formation/ signal around 111.00
looking for 150 pip move to the downside this week
112 is target 1. This strategy uses 20EMA and fib. retrace drawn 'inverse' or backwards. From high of candle that broke the 20EMA to the most recent lowest point. Buy area is b/t .236 and .618 retrace. Targets are 1.618, 2.618, etc...