when analyzing intraday time frames such as H1 sometimes we find diving curve patterns like in this picture. usually, there is a bearish in the near future. if bearish occurs, you can short with the SnD box target below which is also a strong support area
According to my analysis, the New Zealand dollar against the Canadian dollar (NZDCAD) is expected to experience a bearish trend. This assessment is based on the presence of a Hidden Bearish Divergence on the 1-hour timeframe, which indicates a potential reversal zone. A Hidden Bearish Divergence occurs when the price of an asset forms higher highs, but the...
Hey Traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.07500 zone, AUDNZD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.07500 support zone. Trade safe, Joe.
This trade will take a while but is so worth it. Last week's candle showing strong buying support; ready to breakout to new highs. Targets above in orange. I'll start 3 positions, trim 2 at the orange lines and the final at the supply zone above.
Hello,Traders! NZD-CAD is going up now And will soon hit a horizontal Resistance level of 0.8291 And after that a bearish Correction is likely to happen Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hey Traders, in the coming week we are monitoring NZDcAD for a selling opportunity around 0.84 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 0.84 support and resistance zone. Trade safe, Joe.
NZDJPY is in still in bullish trend. Buy 88.77 SL 88.46 TP 90 Happy profit! Good luck!
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
NZDJPY Buy Stop Loss: Targets: 88.9 89.0 89.1 89.3 89.5 90.0
AUDNZD crossed under the 1day MA50 this week for the first time since May 24th. That is the bearish leg from the Falling Resistance to the Rising Support in order to form the new Higher Low. The 1day RSI just entered the 4 month Support Zone, where the price Low was formed at the bottom of the Support Zone. This is still a good sell. Target 1.061500. Follow...
NZDJPY is headed lower but there will be prospects of a bullish correction.
We're seeing price test a major overlap resistance along with a 38.2% Fibonacci retracement. A reversal from here could potentially see prices drop all the way down to our overlap support. In terms of potential stop loss levels, we're placing it slightly above te 50% Fibonacci retracement to give it a bit of breathing space. Please be advised that the...
Welcome back! Let me know your thoughts in the comments! ** NZDCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
NZD-CHF broke the falling Resistance line and the Breakout is confirmed Thus, a bullish continuation Is to be expected !
I see if the movement in this pair today is likely to experience correction conditions first. Although the movement on large TFs still tends to be bullish.
I shorted EURNZD. It is a trend-following trade that is confirmed by a bearish breakout of key support. Entry - 1.755 Stop - 1.7633 Target - 1.742 Good luck, guys!
Let's follow the trend on NZDJPY! Now it is the best time to buy, because we have just seen a pullback on this one. The market is on bulls side now and technical indicators strongly support. Good luck! Please, like this post!