NZDUSD Analysis 28 oct to 28 Nov 2020 FX:NZDUSD OANDA:NZDUSD
A break below our downside confirmation could trigger a further drop
FORECAST FOR GBPNZD GREAT LEVELS TO LOOK FOR REVERSALS.
Hi guys! There is a possible Head and shoulders formation in this pair. Either sell from here which is a moderate resistance level or the best wait for the touch of the dynamic resistance. The move of September 24, which also formed a wedge doesn't look impulse, hence in my humble opinion NZD will go down once again to complete the complete ABC...
Daily/4h/1h time frame analysis on NZDUSD. Price action analysis. Key levels. Trading plan explained. please, support this video with like and comment. thank you!
NZDUSD ANALYSIS 26 & 27 OCT 2020 FX:NZDUSD OANDA:NZDUSD FOREXCOM:NZDUSD
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Price is testing the ascending channel resistance and is printing a bearish flag pattern. Breakout below the flag support could be a bearish signal ⬇️. RSI is also printing a Bearish divergence signal. Breakout below the RSI triangular pattern could be a bearish confirmation 🔽.
nzd usd breaks the resistence that has been failing to break since 22 september. Next target is on the supply fresh zone at 0.6800 . We have free traffic zone on the left that mean liquidity zone.
NZD_USD is facing confluence of massive resistance levels on daily. Also, there is an RSI divergence present and the pair is overbought. So I am bearish biased. You might sell now in a risky mode with 8:1 risk reward Or wait for the channel breakout and sell on pullback with 4:1 risk reward. Thank you for watching. Like and Subscribe to never miss a new video!
Previous position hit SL, current position covered that loss already, we will continue to be in this trade until a reverse signal prints. This is the most profitable way and proven by all the stats ! OUR STRATEGY EXPLAINED: The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a...
Price is approaching support where we could see a bounce above this level.