NZDCHF is currently in a major ABC correction. We're in wave B and looking to catch Wave C. Trade Idea: - Watch for lower timeframe reversal through trendline break, BOS etc - Enter with stops below the breakout lows - Targets: 0.584 (300pips), 0.604 (500pips)) Goodluck and as always, trade safe!
Hey Traders, in tomorrow's trading session we are monitoring NZDCAD for a buying opportunity around 0.825 zone, NZDCAD was trading in a downtrend and then successfully managed to break it out and seems to be now in a correction phase in which it is approaching the retrace area. Once bulls are confirmed i would consider 0.85 as a target as it's considered the next...
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✨ LONG-TERM SWING ✨ SLO @ 0.9733 SSO @ 0.9360 TP1 @ 0.8650 (shave 25%) TP2 @ 0.8050 (shave 25%) TP3 @ 0.7600 (shave 25%) TP4 @ 0.6915 (close trade) BSO @ 0.6740 BLO @ 0.6340
The NZD has pulled back to the POC and the 100 SMA after a previous rise that confirmed Hidden Bullish Divergence, if the NZD can continue to hold above the current level we will continue the Hidden Bullish Divergence and likely go for a Bullish BAMM type of Movement to the 0.886 or Higher
Hey Graders, A bull flag pattern has emerged around the 1.073 level, if we get a decent breakout i will look for a potential retrace towards the upsides as the Reserve Bank of New Zealand seems to be almost in the end of a rate hike period. Trade safe, Joe.
NZDUSD on the 4h chart after the test of the 0.63750 area retraced to the 0.618 fibonacci level over a support zone. The price from there started an impulse to the 0.63200 area and is currently testing a 4h resistance. How can i approach this scenario? I will wait for a potential break of the area and if that happen i will monitor the market for a nice long...
NZDJPY has found support at the Fibonacci level, which increases the probability of the bullish domination. Overal, NZDJPY might experience a relatively fast price increase.
NZDUSD - 24h expiry - We look to Sell a break of 0.6269 (stop at 0.6297) Previous support located at 0.6270. Previous resistance located at 0.6300. The move higher is mixed and volatile, common in corrective sequences. We expect a reversal in this move. A move through 0.6270 will confirm the bearish momentum. Our profit targets will be 0.6201 and...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDCHF is overall bearish trading inside the falling broadening wedge in brown and previously we have been looking for trend-following sell setups around the upper brown trendline. Now NZDCHF is approaching the lower brown trendline. Moreover, the zone 0.55 is a strong...
Looking for the NZDUSD to break above the interim resistance level and to trade toward the key resistance level of 0.6290 (or 0.63) This move higher would be a continuation of the rebound from the support level of 0.6170, driven by the weakness of the DXY.
As previously mentioned it is more on the downside..bias to short moving forwards... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.615 zone, NZDUSD is trading in an uptrend and now seems to be in a correction phase in which it is approaching the major trend at 0.61500 support levels. We would also keep an eye on today's CPI if does come soft that should trigger USD weakness otherwise our plan on...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDCAD is overall bearish trading inside the falling channel in orange and previously we have been trading it by looking for sell setups around the upper trendline and buy setups around the lower trendline. Now NZDCAD is approaching the lower orange trendline...
EURNZD - 24h expiry - We look to Sell a break of 1.7598 (stop at 1.7648) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A higher correction is expected. A break of the recent low at 1.7606 should result in a further move lower. Bearish divergence is expected to cap...
EURNZD broke and closed above a major horizontal supply cluster. The broken structure turned into a key support now. I believe that bulls will keep pushing the pair higher. Next goal - 1.7937 ❤️Please, support my work with like, thank you!❤️
NZDUSD - 24h expiry - We look to Sell at 0.6240 (stop at 0.6270) Previous support located at 0.6200. Previous resistance located at 0.6225. The trend of higher intraday lows has also been broken. Risk/Reward would be poor to call a sell from current levels. Further downside is expected. Our profit targets will be 0.6175 and 0.6150 Resistance: 0.6225 /...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for NZDCAD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich