GBPNZD 4HNice potential setup, price trapped in a small range & is due for a breakout shortly. Watching for a break of the uptrend line & retest for shorts.. A break of resistance may send this pair to the top of its channel..
Kiwidollar
NZDJPY DAILYPotential double top / continuation of its downtrend after price broke its original uptrend line.. I will be watching for a daily close below the 38.2% fib level for shorts next week down to price's previous low
Shorting NZD USD to hell and back Simple trade setup - Market has found support at a supply zone (0.6818) and has retraced to its daily resistance level
This is a great opportunity to re-short this pair. I will be looking to scale back the position at the same supply zone as before.
Fundamentally this trade is support by a rate hike and the pending US tax reforms.
Thanks
NZDJPY 4HPotential trend reversal it looks like, price broke out of its original downtrend making lower lows & highs. Now breaking to the upside waiting for a 4 hour close & retest to 4 hour channel to go long
EURNZD 4HWatching for a break & close above previous resistance for potential buy opportunities, This pair has been moving sideways in a consolidation period looking for its next impulse
NZDJPY DAILYPrice reaching the shorting zone, now getting ready to make a lower low to continue its downtrend..
EURNZD 4HBuy now or wait for a 4 hour close above the 38.2 fib, stops after a clean break of the uptrend line.. Price should continue its uptrend ..
EURNZD 4HThe bulls continue to march, now price has broke its high base resistance many people thought it was a triple top & got stopped out. I waited to see how price would react to this zone once reaching it again & surely it broke though. The uptrend continues !
AUDNZD 4HChannel broken to the upside after weak NZD news expectations, price now looks ready to head to the next level of daily resistance..
NZDJPY DAILYWatching for a potential lower high / retracement to come before heading lower or break of support.
EURNZD 2HPrice closed above a weekly key level on the weekly, so I believe the rise will continue until the next level of resistance ..
NZDUSD 4HAt a retracement area now, expecting another push to the downside as price is rejecting under daily resistance / 4 hour downtrend line..
GBPNZD DAILYPrice broke above resistance, so I will look for a potential reversal at the next weekly resistance..
NZDCAD 4HTriple bottom on the daily.. Price above its weekly uptrend line as well, watch for a break of the CTL & resistance turned support to go long
EURNZD DAILYPrice now at a strong weekly resistance level, waiting for a daily close hopefully with a doji candle showing a chance of a reversal at this zone. Price may make its way back down to its uptrend line each blue line are my targets... Double top as well : )
GBPNZD 4HParallel channel breakout.. Watching for a potential retest & bounce off support to go long & we might see a new higher high be made next week : )
NZDUSD 4HCalled this retracement last week, price came up to make a lower high, now forming a bearish flag pattern. A new lower low is on the cards to be completed soon :)
AUDNZD 4HAt trendline support, looks like a bullish flag is forming & another move to the upside is likely.. But a breakout in either direction is what ill be looking for.
EURNZD Price broke its counter trend line after bouncing off its daily uptrend line where I took profit on my short. Now looks like we have a nice long opportunity I am looking for a right shoulder to be formed at the retest of the broken CTL to create a inverse Head on shoulders pattern. This pair should take off during London session!
NZDCHF 4HPrice has been consolidating for some time now it seems price is pushing out of its counter trend line, if we get a close above the 61.8 fib I expect price to retest & head higher potentially creating an uptrend with higher highs & lows..
EURNZD 2HCounter trend line rejection.. good RR opportunity here. Keep in mind we have NZD news tomorrow that will have a big effect on the market.
long enter at 1.6690 target 1.6755 and 1.6800long enter at 1.6690
target 1 at 1.6755
target 2 at 1.6800
