Short NZDUSD @ 0.7014; TP @0.6874, SL your choice
Hello Traders, The full description is drawn on the chart, have a look * Always risk 1% per trade, no more! Good luck! Happy Pips :)
Looking at NZDUSD a potential sell opportunity. Price has undoubtable shot up over recent weeks for NZDUSD. In fact, price hasn't reached the current heights since June 2018! The Relative Strength Indicator (RSI) is showing us the market has been overbought. We can also see the Ascending Trend which has the potential to break. Therefore, I will be opening a...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
📍 My dear readers, it is clear what we are trying to achieve here.... a protection of the highs / resistance with initial targets at our centre / pivot and extension targets below at support. The control which belongs to buyers is blockaded and open to attack. It is expensive to maintain the highs; this means that the necessary pullback when energy exhausts is...
Trade Analysis based on Price Action. With Risk Management You will Never loss. Thank you
TF: D NU is at a critical area, if we see rejection we may sell lower for a bit. However, a break above the trend line should push price higher, but I wouldn't discount the possibility of a fake trend line break
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6945). 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 above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6945). 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 above the 21-Day WEMA which acts as a...
HI GUYS This week im expecting the nzdusd may make a bearish move. i have written all the confluences which are in favour to make this move happen. let me know what you guys think?
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
Pair is exactly at the strong monthly resistance line which it reached after 3 weeks of uptrend. We expect the price to fall from here to the previous strong resistance (now support) which is exactly at 0.5 fibonacci retracement. This will be nice RR trade, 1:5 at least. If you like thos idea, please LIKE it, comment and share it. Thanks.
Price is approaching support where we could see a bounce above this level to our take profit target. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
Price is approaching support where we could see a bounce above this level to our take profit target. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.