Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here price respected my last analysis and filled the imbalance, now we can see a rejection from bearish order block + FIBO 0.5 level. I expect price to continue bearish move to take liquidity below equal lows. Like, comment and subscribe to be in touch with my content!
I am speculating NZD/USD to test the 200 moving average. Once There is additional confirmation from other pairs, DXY and signs of bearish reversal I may enter a short swing trade. Let me know if you have different ideas!
Harmonic Pattern Formation: Anti-Butterfly (XABCD) NZDUSD is currently forming an Anti-Butterfly Harmonic Pattern on the 4-hour time frame. The pattern consists of four distinct legs: X, A, B, and C, with Point D indicating a potential reversal area. Confluence with Trendline and Fibonacci Level: The Anti-Butterfly pattern is accompanied by a...
NZDUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
Our analysis of the NZDUSD pair on higher time frames reveals a dominant bearish trend. Currently, the pair is approaching a crucial support level, with a potential retracement setting up a trading range. In the accompanying video, we present a trade idea contingent on favorable price action development. We identify key support and resistance levels, examine chart...
Waiting for a retest of 0.59395 to short NZDUSD back to Daily swing low at0.58012 If you agree drop a like and if you have any questions leave a comment :)
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + FIBO 0.5 level. Like, comment and subscribe to be in touch with my content!
NZDUSD - 24h expiry Daily signals are bearish. Preferred trade is to sell into rallies. Our outlook is bearish. We look for a temporary move higher. 20 4hour EMA is at 0.5932. The lack of interest is a concern for bulls. We look to Sell at 0.5930 (stop at 0.5956) Our profit targets will be 0.5865 and 0.5850 Resistance: 0.5896 / 0.5920 / 0.5935 Support:...
NZDJPY analysis today look for buy opportunities..It has been on bullish for long time
Resistance Level: NZD/USD faces a crucial resistance level, signaling a possible reversal. Harmonic Pattern: The formation of the XABCD harmonic pattern reinforces bearish sentiment. Anticipated Movement: A downward trajectory is expected, indicating a shift from bullish to bearish. Entry Strategy: Short position suggested upon breach of 4-hour lower...
Given the robust NFP figures from last week, alongside the deteriorating job market in New Zealand and evident bearish technical analysis, it appears advantageous to consider a short position on NZD/USD. The price remains below the 200-day moving average, indicating a downtrend, and has recently tested resistance at 0.60500. I am targeting a decline to 0.58800 as...
reason break of structure fair value gap market structure is bearish
NZDUSD printing continous Lower Highs and Lower Lows with RSI indicator not suggesting any Divergence. A trade plan with 1% risk is defined using the Fib Retracement Tool.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Further downside is expected. Short term RSI has turned negative. A move through 0.5925 will confirm the bearish momentum. The measured move target is 0.5890. We look to Sell at 0.5960 (stop at 0.5984) Our profit targets will be 0.5900 and 0.5890 Resistance:...
NZD/USD is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.59833 which aligns with the 38.20% Fibonacci level. Stop loss is at 0.60013 which is a level that aligns with the 23.60% Fibonacci retracement level. Take profit 1 is at 0.59543 which is close to the 61.8% Fibonacci level. Risk/Reward Ratio: 1 : 1.61 Take...
In the 4-hour timeframe, NZD/USD is tracking a descending channel, prompting a short-term selling opportunity as we target the support trendline of the channel. Upon reaching this level, a bullish rejection suggests a potential long-term buying opportunity, leveraging the support trendline as a strategic entry point. Traders should monitor price action closely for...
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is if price makes a retracement to fill the imbalance higher and then rejects from bearish order block + trendline. Like, comment and subscribe to be in touch with my content!