Final Wave to Reach Bottom of Major Rising Channel, 2 waves of retracement completed, Short NZDUSD, 17th November 2016

Technical Analysis: Just after selling NZDUSD yesterday, it fell further. But just before reaching the bottom of the major rising channel, the price went for a retracement and completed another…

Continue ReadingFinal Wave to Reach Bottom of Major Rising Channel, 2 waves of retracement completed, Short NZDUSD, 17th November 2016

Moving Towards Bottom of Major Falling Channel, Retracement Channel Completed, Short NZDUSD, 16th November 2016

Technical Analysis: The price has been falling from the top of a major rising channel based on D1 chart and is in the process of completing its 2nd major wave…

Continue ReadingMoving Towards Bottom of Major Falling Channel, Retracement Channel Completed, Short NZDUSD, 16th November 2016

Falling From Top of Rising Channel, Retracement Channel Completed, Short NZDUSD, 8th November 2016

Summarized Analysis, Trading Plan, and Results: Firstly, there was a rising channel and the price was resisted and has begun to fall. In the M15 chart, the price is forming…

Continue ReadingFalling From Top of Rising Channel, Retracement Channel Completed, Short NZDUSD, 8th November 2016