NZD.USD have one more leg up? Only if bounces Here and Now
Quick post to present a possible last leg up for NU.
Of coure, it would be the proverbial "Catching aKnife".
But certainly worth watching here, for overall Direction.
Break below the Green zone makes new highs much less likely.
Clean bounce off the TOP of the zone (.618 ext) is ideal Sign.
Break of the BOTTOM of the zone means bounce is likely done.
This is a follow up to my Previous Long Call at 0.6242 (click)
See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.
NZD.USD bounce Call (massive profit, no drawdown)
EUR.USD bounce plot (found last bottom)
EUR.USD short call (in time, to the Pip)
EUR.USD short Call (perfect top, huge profits)
EUR.USD trend Short (the very tip-top a year ago)
USD.CAD short call (perfect entry, huge profits)
GBP.USD scalp zones (pinpoint Entries/targets)
DXY toping call (Upthrust warning just in time)
USD.JPY short to long (recent perfect entries)
AUD.USD trend Short (perfect short a year ago)
XAU.USD top call (exact top pegged)
XAU.USD bounce call (perfect entry, huge profits)
Silver Bounce scalp (Perfect entry, still in play)
Copper Bounce call (Prefect entry, almost done)
SPX recent top (Fib extensions at work)
Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Of coure, it would be the proverbial "Catching aKnife".
But certainly worth watching here, for overall Direction.
Break below the Green zone makes new highs much less likely.
Clean bounce off the TOP of the zone (.618 ext) is ideal Sign.
Break of the BOTTOM of the zone means bounce is likely done.
This is a follow up to my Previous Long Call at 0.6242 (click)
See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.
NZD.USD bounce Call (massive profit, no drawdown)
EUR.USD bounce plot (found last bottom)
EUR.USD short call (in time, to the Pip)
EUR.USD short Call (perfect top, huge profits)
EUR.USD trend Short (the very tip-top a year ago)
USD.CAD short call (perfect entry, huge profits)
GBP.USD scalp zones (pinpoint Entries/targets)
DXY toping call (Upthrust warning just in time)
USD.JPY short to long (recent perfect entries)
AUD.USD trend Short (perfect short a year ago)
XAU.USD top call (exact top pegged)
XAU.USD bounce call (perfect entry, huge profits)
Silver Bounce scalp (Perfect entry, still in play)
Copper Bounce call (Prefect entry, almost done)
SPX recent top (Fib extensions at work)
Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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Zoomed in we see the EXACT reflection
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Friday closed at the exact boundary of the support zone and Monday open seems to be looking for a bounce
Looks good for next leg starting, at least until a Trump Tweet or something....
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Looks like I was off by one bandwidth, we got the bounce at the green 1.618,
instead of the 1.764 as originally plotted. I should have known to go with the 1.618, a far more common turning point. ..
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Got a strong boost today from FOMC dovish cut.
I have posted a near-term plot with support zones of interest for late longs
I have posted a near-term plot with support zones of interest for late longs
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First Target hit
expecting some kind of retrace now, will measure it and plot supports to watch if the dip continues.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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