Major Falling Trendline, Butterfly Pattern, Sell NZDUSD
The price has gained and retraced tremendously and finally got resisted by a major falling trendline. At the same time as it reaches the major falling trendline, a butterfly pattern…
The price has gained and retraced tremendously and finally got resisted by a major falling trendline. At the same time as it reaches the major falling trendline, a butterfly pattern…
Technical Analysis and Market Sentiment: Trading Plan: Long with full risk. Stop loss placed at 30 pips below FR88.6% . Trade was executed within market hours and 6 hrs before the next major…
Technical Analysis and Market Sentiment: I have shorted based on the same setup of a retracement channel completed within a major resistance zone but the trade failed with minimum loss…
Technical Analysis and Market Sentiment: The price was seen falling from the top of a major falling channel based on W1 chart and is now resisted at the top of…
Technical Analysis and Market Sentiment: Price has been falling gradually and steadily. It is seen resisted at the top of a falling channel now and also it was resisted thrice…
Technical Analysis and Market Sentiment: An inverse head and shoulder is forming and the 2nd shoulder is beginning to form. A retracement channel has just completed in the midst of…
Technical Analysis and Market Sentiment: The dollar has been on the rise for an extensive of time and there is bound of being some major market correction when the rally…
Summarized Technical Analysis and Market Sentiment: EURUSD has weakened extensively since U.S. election and that Trump polocy may push for a faster rate hike this year. The ECB has…