NZDCHF SELLSas you can see, NZDCHF has been ranging for a bit. it retested the 200 ema, broke my channel trend line, and created a head and shoulders pattern on the 15/30 minute timeframe. this is my confluence. i believe that the pair will continue to sell into the next demand zone.
this goin to hell, i think... FX:NZDCHF
Break
EURAUD - Break and retestHello everyone,
I will keep it compact as always:
WAIT FOR THE RETEST!
1. Downtrend on the H4 timeframe
2. Chart is underneath the SMA 50
3. Wait for the break and retest
4. If it is rejecting the retest, I will go short on this pair.
5. Keep it simple and be patient
I hope you like it!
AUDNZD waiting for the neckline break to buyon DAILY: AUDNZD is sitting around a support zone so we will be looking for objective buy setups on lower timeframes.
on M30: AUDNZD formed an inverse head and shoulders pattern, so we are waiting for a momentum candle close above its neckline to buy.
we also have a divergence on MACD adding more confluence to our setup.
#ETC - Wait for the breakout Retestwe are still trading under resistance IF somehow BTC dumps then this will also come crashing so it's better to wait for the breakout & the retest of S/r flip just how we did for #VET
entering at the successful retest of the broken triangle is much safer then entering blindly here that resistance will break, 90% of the time in my experience they retest if I miss out then on to the next setup :)
Buy: ERX.AXWatchlist
Price moving out of the downtrend
Price is tracking above the 20MA
Pretty low volume at the moment, could turn very interesting if volume turns up
May see some sideways movements before a break
Watch for the break of 6.5c
AUD USD Long, Break n Retest of Key Level (0.656). PRICE ACTION.The H4 Rejection Wick confirms this uptrend. Pure Price Action Trade - no indicators...
Stop Loss set below previous wick although could be lower below Key Level (0.656) for insurance.
TP is set at a 1 to 1 (Risk to Reward), although if we can continue upwards. I will use a trailing stop.
Caution ! - we are near extreme highs and any positive fundamentals for USD could shift momentum...
USDJPY IDEA..Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.