This trade setup on NZDUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 0.6014.
Supported by Downward sloping Moving Average
Target: 0.6014 Entry: 0.6055 Stop: 0.6093
Approaching Support level of 23.83 identified at 10/17 17:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 23.83 within the next 1
USDJPY has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It
This trade setup on ETHUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term.