elliott common flat correction up 0.7861 it is should trade higherto 0.7859 while 0.7789 or 0.7769 offers support stop loss 0.7748 zone
res2 0.7901
res1 0.7859
piovt 0.7789
sup1 0.7748
sup2 0.7678
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elliott common flat correction up 0.7861 it is should trade higherto 0.7859 while 0.7789 or 0.7769 offers support stop loss 0.7748 zone
res2 0.7901
res1 0.7859
piovt 0.7789
sup1 0.7748
sup2 0.7678
Nzd/usd analysis for 07.03.2013 by using pivot indicator.
r3: 0.78989
r2: 0.78636
r1: 0.78069
pivot: 0.77716
s1: 0.77149
s2: 0.76796
s3: 0.76229
My analysyst today for nzdusd 03 july 2013
http://my.jetscreenshot.com/demo/m_2...qsge-135kb.jpg
in this chart, we can see that the price open market is below the pivot point. So i will take to sell nzdusd with TP in support 1
time frame- M30
the price is now again the strong support side at 0.7700 this support may be not break. the price is pull up three time with hitting this level. the rsi is also now going to over sold so up movement is expected. we can long this with the target at 0.7760 and stop loss at the 0.7700
good luck
today i like to buy this pair @ 0.7734
my stop loss of the day @ 0.7700
half take profit for today @ 0.7764
and further half take profit @ 0.7788
The pair NZD / USD 4-hour chart has formed a clear converging triangle, this figure is bearish in nature (as there is a shift in the direction of the south zone of resistance-from 7850 to 7813 and now 7777), but the sales plan to open only after a lower boundary of the triangle-level 7700.
It's time to open shopping on NZD / USD, the course is not able to overcome the long-term support 7700 figure, from her once again took the northern lights out, just held the upper zone of breakthrough fractals (7770 level) - and that was the buy signal on the daily chart + formed double divergence of RSI.
For this pair remains downward trend. Well below the level of support is identified. In fact, the work plan is based on this pair at the break of this level of support. While we sit and wait, maybe tomorrow we get a sell signal, although the variant with shopping.
My analysist for nzdusd today,04 july 2013 using pivot point strategy
buy stop 0.7799 tp 0.7819 sl 0.7739
sell stop 0.7759 tp 0.7739 sl 0.7819
happy enjoy trading...
Nzd/usd analysis for 07.04.2013 by using pivot indicator.
r3: 0.7890
r2: 0.7839
r1: 0.7810
pivot: 0.7759
s1: 0.7730
s2: 0.7679
s3: 0.7650