NZD/USD 4h chart. The price is at the bottom of the wedge pattern. Bounce is also possible, but once the bottom line is broken, there is a great opportunity for a short trade. Important rule! Open the trade only if the purple line is already broken!
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is currently inside a Symmetrical triangle pattern. Though we have a breakout, it is possible to be a fake one. Wait for a retest. Let us know your views on this in the...
♦ Pair : GBPNZD ♦ Vision : We Have Break Out For Trend Line + Head And Shoulder ♦ Signal : BUY ♦ TP : 1.97900 ♦ SL : 1.95500 ♦ Risk : 5 % ♦ Reward 15%
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.663). 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 (0.663). 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...
🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Daily Resistance Zone. . 🔸It has broken the Ascending Trendline. . 🔸After that, we can observe that has been consolidating on a corrective structure. We are waiting for a breakout to the downside. . 🔸 In case the breakout happens, our first short term target is the Support Zone at 0.6400.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.663). 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 (0.663). 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...
The price is very likely to fall down. Target-support level
PLEASE SUPPORT THE IDEA BY SMASHING LIKE AND GIVING A COMMENT <3 Hello Forex Trading Lions! PLEASE ENJOY THE FREE IDEA! Although the pair still needs to break the little resistance that it has developed I believe the power still belongs very much to the bull side, if there are no US news, take this trade towards the upside. Follow & Check Out My Profile! PEACE <3
PLEASE SUPPORT THE IDEA BY SMASHING LIKE AND GIVING A COMMENT <3 Hello Forex Trading Lions! PLEASE ENJOY THE FREE IDEA! NZDUSD could be a nice buying opportunity with a bullish engulfing candle close, however, we need to be aware that the USD currently is gaining strength and disrupting the markets. The moving averages are following the bullish bias on...
NZD/USD🇳🇿 🇺🇸 formed the Cup and Handle pattern and we see the classic bullish flag. Moreover , the narrowing of the 50 &200 ma with the possible formation of the golden cross and the swing at the roc suggest that the price is going to rise. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
DXY continues to drifts lower, indicating that we can expect major pairs to climb higher. NZDUSD has been in a weird situation over on the daily time frame: Despite price trading at a newer relative low, it's still holding supported. This is what we're currently eyeing at the 0.666 price level. Price broke this level in the latter half of last week and is...
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Mid-Term Forecast: Second Chance Trade Setup summary: Profit targets= 3923 pip = { TP1=104 + TP2=219 + TP3=344 + TP4=579 + TP5=639 + TP6=789 + TP7=1249 } Stop Loss = 497 pip Reward/Risk > 7.9 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.6719) again. if so, traders can set orders...
Mid-Term Forecast: Second Chance Trade Setup summary: Profit targets= 3923 pip = { TP1 =104 + TP2 =219 + TP3 =344 + TP4 = 579 + TP5 = 639 + TP6 =789 + TP7 =1249} Stop Loss =497 pip Reward/Risk > 7.9:1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.6719) again. if so, traders can set...