The original analysis was made 35 days ago, the pair nzdczd did its thing and triggered our entry. 35 days later it ju is just few pips away from hitting tp.
Hello Traders! ------------------------------------------------------------- 🚀Sell Execution according to the market.
You can see Major Resistance in D1 Chart, Sell from here :) Give feedback in comments please.
NZDCAD is in a very high value aea right now. It has now complete the 3rd touch of ascending channel structure in cmmbination with double top areaa (inflection point) in higher TF structure. This is a very igh value area to sell. Nevertheless, with we must pay attention to how the price approaching this area with impulsive leg. Because of that, I cant take any...
What we should be looking at for now is a rejection off this strong resistance level @0.8898 price level. We managed to see a rejection off this level previously with price retesting the level once more. However, BULLISH strength is weakening from an H1 timeframe and what I will be hoping to see is a nice rejection off here retesting the trend support before...
currently, we are seeing price forming a higher peak and higher trough series, we have room to go down to the 0.8828 level as a target level if the seller manages to hold the price at the supply zone, wait for the price rejection! good luck traders ;) **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided...
👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE have sell conformation: - Trend was broken. - EMA's give us SELL signal. - Candle close below ASIAN session. 💡 Why should you follow our profile on...
NZDCAD is a downtrend and all confirmation are met
NZD - BULLISH 1️⃣ NZD benefitted from risk-on tone boosted after House Speaker Nancy Pelosi set a Tuesday deadline for the White House to agree on further fiscal stimulus. 2️⃣ Westpac’s economists say the RBNZ will need to take further action due to a low inflation outlook, after a recent house price surge sparked fears that the central bank could over-inflate...
Price brokeout above the downtrend resistance and is currently printing a rising WEDGE + RSI bearish divergence signal. Breakout below wedge support could lead to retest of downtrend resistance + key fibonacci retracement levels ⬇️.
Bounce off pennant support + Breakout above downtrend resistance + RSI bullish divergence signal ↗️
Looking at going long, I will wait for this candle to close for more confirmation. Looking good so far. If you like the Analysis feel free to drop a like and leave comment and follow, we are grateful for all the love out there and we will share the love back 🤍
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