On the NZDUSD daily time frame, we can see a clean break out uptrend channel. We also found it's now creating supply pressure as the seller power increases. We are in a short position, starting the price level at 0.75500.
FX:NZDUSD Potential short opportunity on NZDUSD - Break&Retest - Bearish engulfing @ entry @SFempire21
from price reaction and candle stick patterns formed, i expect a breakout downward through the marked support level
#NZDUSD market is nicely moving according to our setup. Wait for some more correction and then will be sell.
#NZDUSD market is moving nicely according to our setup. So here is sell. While keeping an eye on correction level.
Looking for a nice short on NZDUSD
Welcome to our weekly trade setup ( NZDUSD )! - 1 HOUR Bearish turnover in smaller tfs. 4 HOUR Overall bearish market structure with a strong pullback. DAILY Good short entries and price action. - FOREX SETUP SELL NZDUSD ENTRY LEVEL @ 0.72280 SL @ 0.72790 TP @ 0.71440 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
NZD/USD has spiked up after the RBNZ meeting. Market participants reacted positively initially and hence, NZD/USD has spiked up to the resistance level. However, the spike may be faded very soon. Price has reached a strong resistance level and it seems like the bulls might not be able to break it. So, based on bearish price action, sell NZD/USD@0.7301-0.7320...
Looks like NZD is not really able to follow the risk-on-mood of stocks! With this rejection, eventually a nice upcoming momentum downwards! Watch this level carefully and wait for more bearish confluence! :-)
For a month now NzdUsd is consolidating in a tight 100 pips range. A break of this range is inevitable and the pair should find a clear direction afterwords. In my opinion, this break will be to the downside and I'm considering 0.68 as a medium-term target for short trades. A clear break above 0.73 would negate my bearish bias
In my opinion, a big drop for NzdUsd is just around the corner. The rise from 0.7 is clearly corrective in nature and 0.73 seems very strong resistance and bears are strong before that figure. A break under the trend line would confirm my outlook and I expect at least 0.7 to be reached sooner rather than later. Of course, a close above 0.73 would negate this...
As We can see price been rejecting from the resistance like before. which gives a short term trade idea for 1:5.9 RR . for any suggestions or complaint please feel free to message me privately
the monthly time frame we are in a clear up channel and I recognize important key levels that treated as support and resistance in the monthly chart. In the weekly timeframe , we see the clear rejection for the monthly key level with the red candle moving to the daily chart we see rejection also and the price was in an uptrend and that trend has been broken with a...
the monthly time frame we are in a clear up channel and I recognize important key levels that treated as support and resistance in the monthly chart. In the weekly timeframe, we see the clear rejection for the monthly key level with the red candle moving to the daily chart we see rejection also and the price was in an uptrend and that trend has been broken with a...
As we can see in the chart that NZDUSD has rejected its uptrend and now falling below its trend line which is giving a strong indication that the market will fall further more to the downside.