Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.81100 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.81100 support and resistance zone. Trade safe, Joe.
8th August 2023 DXY: break above 102.40 to trade higher toward 102.80 resistance NZDUSD: Sell 0.6050 SL 20 TP 60 AUDUSD: Sell 0.6510 SL 25 TP 45 USDJPY: Buy 143.20 SL 30 TP 60 GBPUSD: Sell 1.27 SL 25 TP 90 EURUSD: Sell 1.0960 SL 20 TP 40 USDCHF: Wait, look for reaction along 0.88 USDCAD: Sell 1.3360 SL 30 TP 60 Gold: break 1930, below 1929, could see 1924
Hey Traders, in today's trading session we are monitoring NZDJPY for a buying opportunity around 85.600 zone, NZDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 85.600 support and resistance zone. Trade safe, Joe.
NZD/CAD was trading in a narrowing wedge pattern but now we are seeing a bullish breakout so I will be expecting growth.
Hello Traders Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Hello Traders Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Hey traders, We have a nice opportunity to sell this pair Let's see those reasons Daily chart Daily candle did not close above resistance Hourly Chart Before touching the resistance zone market made a small consolidate area, And that touch would be the rejection We have multiple targets Trade safely with money management Be happy If you agree...
NZD/CHF is making a pullback after the retest of the broken key level of 0.535 and as the pair is in the downtrend I think that we will see a further move down next week.
Hi guys, for this next one I expect a dip on NJ due to weekly and monthly price actions, all things considered we will wait for a test of any of the regions and a 15m TF break of structure confirmation, then we hop in sells. We then hope to see a run to the downside and close out towards the end of next week. Keep your fingers crossed....
NZD/USD is approaching a demand level of 0.6060. We will be looking for the signs of the reversal in the trend to jump onto the bullish bandwagon just on time to get the best risk reward ratio for us.
Hey traders, Daily Market is in a support zone Hourly Market is breakout previous minor resistance After making retest market will go to upper direction. We have 3 Targets Follow money management
Could we get a retest of the previous high? Nice demand are here as well as potential divergence dating back to around 7/18 when the recent downtrend started.
BSO @ 0.6088 ⏳ BLO2 @ 0.6077 📈 BLO1 @ 0.6066 ⏳ Choose your TP based on your favorite trading strategy or time frame: 🇳🇿 NZDUSD (pip movement per strategy): STRATEGY PIP MOVEMENT Scalping 10-20 pips Intraday 20-40 pips Swing 40-80 pips Position 80-120 pips TIME FRAME AVERAGE ATR 1 day 20 pips 4 hours 10 pips 1 hour ...
Price is bouncing off a key support level, which is a major swing low support level, hence we could see the momentum carry price up to its take profit target. Entry: Why we like it: 0.6062 There is a major support key level for a potential bullish reversal. Stop Loss: 0.5987 Why we like it: There is a swing low support. Take Profit: 0.6132 Why we like...
Seems Like Getting ready for Another bullish impulse Formed descending Channel incase Of breakout Expecting Another 80 to 90 Pips bullish Wave Keep eyes On for breakout
This setup a little more on the risky side. Previous high and previous low was broken and there may be some divergence on the 1 hour dating back to 8/1.
The explanation will be in the charts. Will update as I see fit. Not Advice. This timeframe analysis is linked to the Monthly Analysis and there you will find the following timeframes: Monthly-Weekly-Daily-4Hour-1 Hour-15 Min The idea is to walk through multiple timeframe analysis so we can learn together. This is really a journal for myself but wanted to make...
NZDUSD - 24h expiry - We look to Buy at 0.6050 (stop at 0.6020) Price action has continued to trend strongly lower and has stalled at the previous support near 0.6050. Price action looks to be forming a bottom. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.60100 will confirm the bullish...