Last 4 trades hit TP, this is running in profit. Lets see how it closes. Regards Darren
After breaking the violet trendline, it's trying to reach that again and then fall to the second green line!
NZDUSD after bouncing on the support at 0.71140 reached the upper trendline of the descending channel. The price now turns into a bearish scenario and according to Plancton's strategy, if the conditions will be satisfied, we can set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
Selling the pair here and aiming for the 0.906 area of support🙌🏻
As previously posted, we were shorting EURNZD to the -27 fib. This lines up nicely with the previous bottom and the major falling wedge indicating a trend reversal. Will be posting an update as to how to enter closer to the time if there's enough people interested. Drop a like and comment to let me know!
Another Seasonality Sell for Q1. Updating our analysis from the start of this week. If you placed a SELL order on NZDUSD this week, you can expect to Take Profit around 0.70736 (conservative) - 0.69802 (aggressive) . For those hoping to close out the month strong on this pair, we suggest setting your TP to the more aggressive target.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.72184). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
I believe December uptrend will continue as we have not reached the top of the value (Camarilla monthly H3). Price is going to the liquidity apex I marked where we will see final reaction. We should be there by the end of the year. November candle closed above yearly high. Dollar weakness is not over yet on all major pairs USDCNH, EURUSD, AUDUSD...as well as Crude...
The Tidal Shift Strategy has just bought NZDUSD at 0.72064. The system recommends entering this trade at any price between 0.7193 and 0.72198. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -2.23224, which suggests that the NZDUSD could be trending upwards.The 14-period...
head and shoulder with resistance confluence lining up for a short opportunity
Hello Traders, I'm waiting for the Good sell position The full description is drawn on the chart * Always risk 1% per trade, no more! Good luck! Happy Pips :)
January 11 was the first sell opportunity at NZDUSD. It's already done! But now there is a new opportunity for another 100 pips! We expect the next downward pressure to reach 0.70345! You can look for an entry in case of repulsion from the resistance zone. If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
CONFLUENCES: -Bearish Market structure confirmed by EMA crossover - Head & Shoulders pattern formation - Break of a major support area - Could see a further retracement to 0.71525 however I see further $ strength in the near term
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7143). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7143). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...