The Kiwi gave in to pressure from the Greenback. The price plummeted and a good entry was found. You certainly need a lot of experience to do this.
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The Kiwi gave in to pressure from the Greenback. The price plummeted and a good entry was found. You certainly need a lot of experience to do this.
Prices dropped to support at 0.7755, the 5/16 low reinforced by a trend line connecting major swing bottoms since early July, with oversold RSI studies hinting a rebound may materialize over the near term
the picture is showing the pair has been ended it's trading today above level 0.8000 and that's will lead the movement to up trend to reach 0.8060 , so the buying is suggested with a appropriate stop loss level and targets equal 30 pips at least
as we can see on the chart , the pair has stated it's trading week above the level of 0.8000 and that's mean that the up trend is expected this week and the pair might head to 0.8060 and then 0.8100
If a M15 close above 0.8100 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7800 sell only and do not buy. If price closes back above it again do nothing
The range 0.8100 and 0.7800 is neutral area, any trade done in between is personal decision and not part of this analysis
i see in this chart that the candle is going to uptrend in one hour frame so if you buy now make for you two targets you will be able to get them your first target at ( 0.80831 ) and the second at ( 0.80931 ) and make your stop loos at ( 0.78560 )
If a M15 close above 0.8100 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7900 sell only and do not buy. If price closes back above it again do nothing
The range 0.8100 and 0.7900 is neutral area, any trade done in between is personal decision and not part of this analysis
chart - m30
this pair in now moving in horizontal channel.
0.8055 and 0.8036 are support and resistance zone in m30 chart.
we can put two pending order. buy pending order at 0.8060 and sell pending order 0.8032 with 20 pips tp
as we can see on the chart , the pair is trading under the level of 0.8100 , any way if the pair succeeded in breaking 0.8100 , it will continue in it's up movements heading to 0.8130 and then 0.8160
If a M15 close above 0.8100 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8000 sell only and do not buy. If price closes back above it again do nothing
The range 0.8100 and 0.8000 is neutral area, any trade done in between is personal decision and not part of this analysis