Price Action

Thursday, November 16 2023
NZD/USD
03:21 pm (GMT +0200)
30 minutes Timeframe

ETHUSD is currently trading between 0.59703 and 0.60042.  A sell signal will be in place when ETHUSD drops below the 0.59703, with immediate target at 0.59567. A protective stop loss at 0.60042 is highly recommended.

Should ETHUSD manage to exceed the resistance level at 0.60042, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
0.59567

direction
Target 2
0.59500

direction
Target 3
0.59364

direction
Target 4
0.59195

entry
Entry
0.59703
entry
Stop Loss
0.60042

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction

Price Action

Thursday, November 16 2023
NZD/USD
03:21 pm (GMT +0200)
30 minutes Timeframe

ETHUSD is currently trading between 0.59703 and 0.60042.  A sell signal will be in place when ETHUSD drops below the 0.59703, with immediate target at 0.59567. A protective stop loss at 0.60042 is highly recommended.

Should ETHUSD manage to exceed the resistance level at 0.60042, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
0.59567

direction
Target 2
0.59500

direction
Target 3
0.59364

direction
Target 4
0.59195

entry
Entry
0.59703
entry
Stop Loss
0.60042

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction