Plan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ...
In the past month and a half, NzdUsd traded in a range between 0.7250 and 0.7100 (ignoring the short-lived spike above 0.7250 at the beginning of the year) With DXY looking ready for a new leg up I expect Kiwi to also roll back to at least the bottom of the range at 0.71. Also a sell trade with this target can have a great R:R of more than 1:2 A daily close...
Hello traders, NZD/USD is trading at 0.7242. The price is trading in resistance and support wedges and can break resistance level to start a new up trend. If the price breaks the resistance level at 0.7254 then it can start a new up trend and its targets will be at 0.7279 and 0.7312. Follow proper risk management strategy to avoid unnecessary losses and to...
Currently the weakest of the "commodity currencies". It's a fair try to go SHORT here especially since the U$D has bottomed, for now.
NZDUSD WAVE CORRECTION Market Sell Order Set Up. Sell Entry: (0.72440) Min Take-Profit: (0.71894) Max Take-Profit: (0.71534) Stop-Loss: (0.72905) Max Risk-Reward: (1.95) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Hello traders, NZD/USD is trading at 0.7206. The price is trading in a upward resistance and support channel and can continue the same trend. As the price has touched its support level it can rebound back from here to continue trading in upward resistance and support channel. If the price breaks 0.7217 price level, it can continue its upward trend and then its...
Analysis- Waiting for price to break above or below current channel. Once price has broken either structure, we will wait for the retest to enter towards the direction.
Trend was change on H4 EMA 100 Strong bearish. Everything will be happen, because market always right. Do your own risk with money management. Good luck
NZDUSD WAVE CORRECTION Market Sell Order Set Up. Sell Entry: (0.72323) Take-Profit: (0.71323) Stop-Loss: (0.72972) Max Risk-Reward: (1.54) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
NZDUSD WAS REJECTED AT THE 0.73000 LEVEL ON THE WEEKLY TIMEFRAME, CREATED AN SENDING CHANNEL ON THE DAILY AND BROKE IT TO THE DOWNSIDE AND ON THE 4H TF WE HAVE A BEARISH CONTINUATION FLAG
NZDUSD BULLISH BAT PATTERN Market Buy Order Set Up. Buy Entry: (0.71578) Take-Profit : (0.72110) Take-Profit 2: (0.72509) Stop-Loss: (0.71158) Max Risk-Reward: (2.22) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Hello traders, NZD/USD is trading at 0.7180. The price is trading in a downward resistance and support wedges and can break support level to continue its down trend. If the price breaks the support level at 0.7172, it can continue its down trend and its target prices are as follows. 1st target price at 0.7139 and 2nd target price at 0.7111. Follow proper risk...
In my previous analysis, I said that I expect NzdUsd to have found a medium-term top above 0.73 and the pair dropped from that zone. More, Kiwi also has broken under the channel's support and, at this point, we can consider the top confirmed. Yesterday the 0.7150 zone offered support and the pair had a new attempt to reconquer 0.72. At this point 0.7240 is...
NZDUSD has been overextended to the upside for weeks, only looking for short opportunity at the retest if uptrend is broken. Otherwise, it could easily continue its next impulse to the upside Please Share and Like if you agree! Disclaimer: this is only for informational purpose, not any form of trading advice ;)
The last days of 2020 and the beginning of 2021 found NzdUsd in a strong bullish mood, with the pair gaining almost 5% in a very short time. This new leg up looks exhausted and prices above 0.73 attract sellers like a magnet. I believe a correction is just around the corner and, in my opinion, rallies towards 0.73 should be sold. My target for such a trade is...
Monthly Structure is very important to know where the trend is! +Bullish Divergence +Breakout +Resistance
NZDUSD, is having Pullback then continue Uptrend! Watch out Friends!