It looks like the downtrend of the last weeks is coming to an end here.
We see the lower lows getting closer to each other instead of the bigger differences seen in the trend.
I'm trading this as shown with an entry right now.
Should be a small trade with a wider stop because of the wick seen last time, don't want that to happen and kick me...
The Tidal Shift Strategy has just bought NZDUSD at 0.65882. The system recommends entering this trade at any price between 0.65761 and 0.66003. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 2.46875, which suggests that the NZDUSD could be trending upwards.The 14-period...
The Tidal Shift Strategy has just sold NZDUSD at 0.66045. The system recommends entering this trade at any price between 0.65958 and 0.66132. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 4.47692, which suggests that the NZDUSD could be trending downwards.The 14-period...
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NZDUSD FOREX BREAKDOWN 13 MAY 2019
Bearish market found support and holding right now!
Waving market need a pullback to the upside..
Good bullish reaction to this level last week expecting some strong movement.
ENTRY @ 0.65760
SL @ 0.65290
TP @ 0.66870
(Use normal Risk!)...
we should see a spike in price on this NZDUSD pair very soon.
Bullish Divergence also forming on MACD
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So as you can see we expect NZDUSD to go long. We think it will go long because the markt is now in a strong weekly/daily demand zone. If you zoom in on the daily chart you can see we are now also in a strong buy order zone that’s been filled with the spike.
It will be much clear on the 4h chart, you can see the 4h trendline is been broken and...