EuroMotif

NZD.USD on its way to 0.65 but retrace in progress: NU zones

EuroMotif Mod מעודכן   
FX:NZDUSD   דולר ניו זילנד / דולר אמריקאי
NU got a boost like most did against the Dollar.
Plotted are some support zones worth watching.
This wave up should be a wave 5 in this plot (click).

0.63942/81 is first support, with a focused layer near bottom of zone (dark green).
0.63832/57 is the average expected retrace after a 5.236 wave.
0.63737/60 is Bulls Last Stand and disappointing if goes that low.

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)
AUD.USD trend Short (perfect short a year ago)
EUR.USD bounce plot (found last bottom)
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)
DXY toping call (Upthrust warning just in time)
USD.JPY short to long (recent perfect entries)
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.
הערה:
Here we are at First possible Support Has been noticed, but it came down here pretty fast and hard.
This zone might hold but expecting to hit the next one below.

.
הערה:
Bit of a Bounce under way from the "Ideal" zone Am still not confident this is "the" bounce but looks good.
Limit buys were picked up in the zone, now with SL at BreakEven.

.
הערה:
Bounce holding up pretty well. Need to get past this 3.618 which is being noticed for sure
.
הערה:
There we go, broke through the 3.618 and even the "First test" line which could have become resistance
.
הערה:
Nice! a Retest of the blue 3.618 and continuation Looking darn good, almost TOO good.
Am cautiously optimistic here because it is suspiciously prefect.

.
הערה:
Now testing the fib above, blue 4.236
.
הערה:
Interesting test of the "First Test" line almost as if it needed confirmation of existence, and it has just confirmed.

.
הערה:
yup, that "1st Test" line was a doozy, brought us right up into the resistance zone .
הערה:
Unable to pass the local high But I dont think bulls are done yet, might need recharge lower

.
הערה:
Another perfect Ping off the "test" line and now breaking resistance above
.
הערה:
Beautiful retest of resistance and resumption Kiwi is looking very very strong.

.
הערה:
Keeps going and going! Am plotting upcoming resistances now, to see if some targets can be found.

.
הערה:
Looking things over and adding a new fib, my original targets still look good 0.646xx should be achievable, and may cause a pullback, and .649xx still makes for the ultimate target, whether after a pullback or just straight to it.

.
הערה:
1st Target hit, and pulling back will measure the dip if it continues, to scope out supports below.

.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.