Hi fellow traders, NZDUSD is ready to make a move higher from the blue box after completing the flag correction. Target the 0.6264 level and move your stoploss to break even as soon as we reach the grey 'risk free zone'. Good luck and trade safe!
NZDUSD 4h has broken out of the local structure creating an overextended to the opposite direction of the trend giving up another selling opportunity. As the long-term trend is bearish and the daily price is in retracement level, and as current session, the 4H candle just has closed with strong bearish engulfer giving us a sell signal according to the rules of our...
NZDUSD( 4H ) is in a long-term downtrend. Price has just reversed from a monthly resistance with a head and shoulder on the 4H timeframe. On the retest of the neckline, upon price action confirmation a selling opportunity may aris
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Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
In 4H time frame we have clear bearish move, which followed by bullish corrective move. price retraced to 50% area of Fibonacci ratio in corrective manner, price failing to create HH which base on Dow theory is the first signal for trend weakness.
for trading this pair at 6th of October if price manage to come lower than 0.69490 and remain below the EMA 144 in 15...
