Mmmm... My ASH(1st Confirmation), CMF(2nd Confirmation) say that its a good sell, plus my WAE(Volume/3rd confirmation) also confirms that its a good selling opportunity.
If it reverses at 1526.800 it will retest the 1535 and hopefully break through resistance. Also on the RSI there is a bearish divergence.
I got in before i posted this. But if it does reverse you got plenty of time to get in. Risk/Reward Ratio: 2.5
As you can see, if it touches the 38.20 and bounces back then this is a very good selling opportunity. Also if you look at the 38.20, i have put down a purple line right on it to show the support/resistance in the past. This also shows a strong indication that it could bounce off the 38.20 resistance line.
If it bounces off the trendline then this should be a good selling opportunity.
This is a buying opportunity, if it goes down and bounces off the descending trend line.
This is a good buying opportunity. If it breaks the resistance line it will continue to go up or it could also go down and touch the bottom line of the structure and bounce back up. I have set a Buy Stop at 136.100.
As you can see, after the first Take Profit from the AUDNZD chart technical analysis four days ago, it has followed my trend analysis which it will touch the bottom line of the structure (Yellow line) and bounce off, so this is another opportunity to get in Long. I have set a Buy Stop at 1.05215.
I have set a Buy stop at 0.86690 because I have done a Technical analysis on this about a week ago and now it has touched the bottom of the structure (Yellow Line) which it should bounce off. This is the link to the technical analysis I have done a week ago:
This is my prediction for NZDCAD in the long-term due to my technical analysis.
As you can see, as soon as it touches the yellow line it will bounce off it. I have set a Buy Limit on 1.04914
As you can see from the analysis, it could go back down to the bottom of the structure. I have gotten in short for 136.730.
I have formed an descending structure which it has bounced off the top, and now its heading towards the bottom of the structure. I have set a Sell Stop at 74.610.
This is a selling opportunity as soon as it bounces off the top line. I have put a selling limit at 1.13900.