asoto81

asoto81

Price at 0.59400 resistance level showing some weakness Inflation declining in NZ. Inflation rising again in the US Better GDP and employment data in the US compared to NZ 10 years bond yield spreads in a downtrend COT report showing 62% of Non-Commercial positions are short for NZD

asoto81

Engulfing candle rejecting 2.09 level. Target next resistance level at 2.11

asoto81

Price bouncing in the 190.500 resistance zone. Rejection candle on the support. Target next resistance zone at 192.700

asoto81

Wait retest of resistance level. Target: 4R

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First retest of broken support now resistance missed. Waiting for price to retest resistance and continue to the downside. Target: 3.54R

asoto81

Waiting for retest on resistance level. Target: 5.34R

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Range broken to the downside. Retest with pin bar (4H) and possible continuation. Target: 3R: Measured move last bearish swing (4H) 73% retail traders are long (OANDA)

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Risk/Reward: 4.03R Confluences: Bounce on trend line Bounce on daily support Confluence with 61.8% Fibonacci retracement level

asoto81

Long term bias: Neutral Entry details: Parabolic move to 3 year high resistance level signaling possible bullish exhaustion. Target last higher low in the weekly chart. R:R=7.37. Possibility to trail the stop loss once price gets around 3R-4R

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Long term bias: Bullish Entry details: Price has been rejected many times off the 1.36100 - 1.36200 support zone. Target other side of the range in order to have a good reward to risk ratio. R:R=3.72

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Long term bias: bullish Entry details: price has been rejected many times off the support zone around 73.000. Target last swing high. R:R=6.

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Long Term Bias: Bearish Entry details: Medium term range. Clearly defined bounds. Given the general bearish bias in the long term, market price trade is placed at the top of the range. Target other side of the range. R:R=5.38

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Long term bias: bullish Entry details: Limit entry off short term support that has held 3 times in the past. Target the other side of the range. R:R=2.34

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Long term bias: Neutral Entry details: Large range with very clear bounces off the lower support zone. This zone is very narrow which allows to tighten the Stop Loss. Target last swing high. R:R=5.63

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Long term bias: Bearish Entry details: Recent clean medium term bearish trend with clear retracements to previous broken levels or S/R. Target last measured move of previous bearish leg. R:R=3.44

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Long term bias: Neutral Entry details: potential bounce off key support level. Target recent lower high. R:R= 3.01

asoto81

Long term bias: Neutral Entry details: Price has been rejected 3 times off the same zone in the past. Target recent lower high. R:R = 3.47

asoto81

Price in a downtrend. First target last swing low (about 1.5R). Second target: trailing stop