Evening guys, Recent rallies have been quickly sold implying NZD cannot remain at these higher levels against the dollar. November confirmed the negative momentum and after yesterdays rate further enhancing the negative outlook for weeks to come. I have attached the previous nzdusd chart for comparison purposes, all the best with this position into the new...
A quick draw up of the most obvious Magic-T's, it's clear that NZDUSD it heading towards a consolidation. Notice the high volume, starting 2016-11-08, now been sinking for a while. Building up cash to the next event starting soon at current price. I'm leaning towards a short, depending on the fed news tomorrow, (whether we get a rate rike or not). For me it looks...
A potential Head & Shoulders Pattern appeared. If the price breaks the support zone near 0.70xx, look for any pullback to short this pair. It will be a high risk to reward ratio pair of 1:3! Remember to trade with proper risk management.
Hi guys, after the Trump's election we've had big uncertain moves. Of course in that situation you, as a structure trader, don't want to be involved. Now price is slowly calming down and so we can redo our analysis and we can end this week of trading, hopefully with some pips. This setup is on the daily chart and it is a trend continuation setup: this means that...
Hi guys, today i want to share with you some of my analysis on NZDUSD. In order to have a complete vision we have to go on higher timeframes (for me the daily). In this particular case we have a lot of different strategies that are pointing at the same level. As you can read in the chart we have fibs, harmonic moves, harmonic pattern, and most important,...
THIS STARTING THE FORMATION OF SHS.
traders, i hope you are all ready for this week of firework - i will be continuing to look at carry trades as we expect some reallocation to the kiwi as investors re-consider the RNBZ outlook. Moreover while futures point toward further upside in this weeks milk auction as many of you have seen my related idea which will be the long up til .75x levels (see...
THE DOWN TREND HAS STARTED HEAD AND SHOULDERS ALSO FORMED SO GO SELL NOW TP @ 0.70000 ALSO PUT A SELL LIMIT @ 0.72000 FOR THOSE WHO DON'T WANT TO ENTER THE TRADE NOW BECAUSE THOSE WHO HAVE BALANCE TO AFFORD THIS CAN ENTER NOE BECAUSE IT MAY HAVE A MOVEMENT UP TO THE RESISTANCE ZONE !
Another Good one Today, NZDUSD *Longterm Channel going UP *Midterm Trend showing DOWN *EMA200 Acting as Resistance (Needs to break for more up movement) *RSI Oversold and turned(ing) DOWN Follow the Price and Trade
Major resistance at 0.7112. Time to sell for a push down from here!
PRICE WILL RETEST THE TREND LINE A FEW MORE TIMES BEFORE FALLING. ENTRY SHOULD BE BELOW THE 0.71748 LEVEL WITH A PROTECTIVE STOP JUST ABOVE 0.72105. WAIT FOR THE BREAKOUT. PROFIT TARGET IS 0.68695.
This is an update of the previous NZDUSD idea I published. I just added Wolfe Waves. Check out the previous one below: ANYTHING CAN HAPPEN! Follow me for more kick-ass ideas.
Great opportunity to sell : 1) Bullish formation on DXY 2) RSI divergence on Daily time frame on NZDUSD 3) RSI Divergence on 4hr time frame on NZDUSD 4) Double...
Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential Short position for at-least 600 Pips, It has a potential for 1500 or more pips, the minimum expectation is 600 Pips from this trade ! I am following this pair for quite a long time now and already made a good profit. I'm already in this trade and keep adding new short positions if it goes...