Idea is based on median line analysis, Bollingerbands are used to identify reversal signals and breakouts/breakdowns. The rationale behind this technical analysis is shown on the chart along with concrete targets and stop loss (a close above it invalidates the idea. Good luck guys. Appologies for the font size somehow it is way bigger than was shown on my screen!!!
Idea is based on a combination of elliotwave theory and median line analysis. The reasoning behind this technical analysis is shown on the chart along with specific target and stop loss. Good luck
Idea is based on a combination of elliot wave theory and median line analysis. Bollinger bands are used to identify reversals and fake moves. The reasoning behind this technical analysis is shown on the chart along with specific target and stop loss. Good luck guys.
Idea is a based on a combination of elliot wave theory and median line analysis. The reasoning behind this technical analysis is a basic count of elliot waves combined with a longer term slope (please zoom out to see it). On the chart you will have concrete target and stop loss. Why I think wave i is about to end: price is sitting right against a top of a schiff...
Idea is based on a combination of Elliot wave theory and median line analysis. Chart contains all reasoning behind this setup along with a target and stop loss. Good Luck. If you trade acoording to this idea please do so on your own responsibility. This Idea is a mere reflection of my own point of view.
The NZD is not as weak as it was a week ago, but it's lacking strength, esp. against the AUD, CAD and USD. It has been strengthing in the recent hours and may continue to do so for some time, but not for too long, because it's starting to get overbought. The pair NZDUSD couldn't make it to new highs, stopped twice at the gey horizontal S/R level of roughly 0.8525....
Idea is based on a combination of elliot wave theory, median line analysis and Bollinger bands. The reasoning behind the technical analysis is shown on the chart along with concrete target and stop loss. Good Luck!
Idea is based on a combination of elliot wave theory and median line analysis. The reasoning behind this setup can be found on the chart along with concrete target and stop loss. Good luck guys
This idea is based on a combination of median line analysis and Elliot wave theory. The two gray and blue pitchforks date respectively back to 30-04-2014 and 05-09-2013. Please zoom out to see both slopes. The reasoning behind this technical analysis is shown on the chart, along with concrete targets and stop loss. Good luck guys
Idea is based on a combination iof median line analysis and Fibonacci ratios. Don't hesitate to ask if you want to know more. Chart contains all reasoning behind this technical analysis and concrete targets and stop loss!. One can argue that going long from current price is not bad considering the RR, however personally I would wait for the price to stabilize of...
When one considers where price is at right now, then it is not yet possible to say with absolute certainty that NZDUSD is going lower. We are still sitting on top of a strong support line. Only when this line is broken and closed under (on 4hr chart) then I will have a bearish bias. The reasoning behind this technical analysis and concrete targets are shown on the...
Median line analysis and Fib ratio's indicate that USDCAD can not close higher than last weeks high. Price is on the verge of breaking an Andrew's (gray) pitchfork that dates back to 09-04 and thus about to resume it's downward slope (blue pitchfork ) that dates back to 31-01. Expect price to form a double bottom with the lows from 08-05 before going up again....
Are we good to go? Is it a higher low, nicely placed at the lower median line parallel of the blue fork? It looks like CADCHF has found nice support at the 0.382 retracement, which is way above the half-way of the May rally and thus seems to be a factor conducive to further up trend advancement. I find the CAD to be very strong and to have a lot of latent bullish...
Could be another broadening wedge pattern. AO divergence and first red bar on oscillator on the 4 to 5 impulse. Median Support <190. Keeping it simple here.
Price has tested a sliding parallel of the slope( that dates back to 05-22-2013) multiple times and couldn't close above it. Additional reasons for entry can be found on the chart. Good Luck
