Huge sell off on NZDUSD last week after we swept the previous high points. I assume price will be pushed into the area of interest where liquidity lies after re-testing the support marked.
Price is facing bullish pressure from 1st support at 0.72271, in line with 127.2% fibonacci extension and horizontal swing low support.Price could bounce off 1st support to 1st resistance which coincides with 78.6% fibonacci extension and horizontal swing high resistance. If prices fall through 1st support, prices could reach 2nd support in line with horizontal...
Long position above 0.7209 with targets at 0.7285-0.7303
It will be heading up as it retested the broken descending wedge.
Hey traders, here is the analysis for the NZDUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
ey tradomaniacs, welcome to another free trading-setup. Since we have no risk in our trades anymore I will add 1% risk into my port-folio. NZD/USD: Swingtrade-Execution Market-Buy-Order: 0,72940 Stop-Loss: 0,72240 Point of Risk-Reduction: 0,73420 Take-Profit: 0,74550 Stop-Loss: 66 pips Risk: 0,5% - 1% Risk-Reward: 2,45 LEAVE A LIKE AND A COMMENT...
We are fast approaching the order block region marked, I expect this zone to be a catalyst for a pivot to the upside.
We wil be waiting for a retest of the trendline and if price retests and respects it the we will be entering for a buy.
nzd usd broke the very strong resistance level and market is back at that broken structure to retest the broken zone look for the long confirmations on lower time frames and enter long with your own money management discipline with patience always pays patience is the key
This week will probably a little slow with everyone waiting on non-farm report. I will watch this for an entry long.
NZDUSD Long Setup 💭 Continuation trade from: 👉🏻 Wave-4 has been plotted with a ABCDE triangle corrective movement. The start of the new trend has broken Wave-D of the 4th wave indicating a setup for the price to move further. A pullback to the stated zone could be a profitable entry.
Hey tradomaniacs, with the rising yields we have seen a strong cashflow out of yields into bonds causing equities to suffer, which is good for USD and bad for risk-on-currencies such as NZD/USD. Now we are re-testing a very strong support-zone and I`m wondering whether we are going to break through this leven or not. In terms of wave-analysis, this might be a...
Hey traders, here is the analysis for the NZDUSD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Hey tradomaniacs, welcome to another free trading-setup. NZD/USD: Daytrade-Preparation Market-Buy-Order: 0,74500 Stop-Loss: 0,74140 Point of Risk-Reduction: 0,74800 Take-Profit: 0,75220 Stop-Loss: 36 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...