Strong down trend is in place. Tweezers patterns formed and after that a bearish pinbar. I will try to enter short at a 50% retrace of the pinbar with a stop above the wick and down trend line.
NZDUD- i bet the title made you have a look, well good. :) but on a serious note, see previous analysis on this below. i still feel this will move high but after the completion of this reverseal i would appreciate comments and thoughts
NZDUSD potential sell with good risk reward. for entry go to smaller time frame and let all the green candles finish or enter near marked zones. PS: please book some profit at each target! this trade isn't active yet..i will look at price action before entering! Please hit like, share and follow for more ideas. Vinny
NZDUSD UPDATE PLEASE SEE ON SCREEN INSTRUCTIONS PLEASE LIKE, COMMENT AND FOLLOW FOR MORE
Look left, The downtrend at Daily still valid. The Daily group wave I, II, III... is at zone wave VI. Nearest, The group wave H4 (1), (2), (3)... is at zone wave (6). Thus, I predict NZDUSD drop again from the wave VI to wave VII Target 1: 0.65953, Target 2: 0.65037 Stop loss: 0.067916
NZDUSD pullback retest trade... good RR , please use proper money management before entering. Please hit like, share and follow for more ideas. Vinny
NZDUSD Formed a potential BAT pattern and 0.67 is great resistance. therefore we can consider selling this currency now
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.6720 would begin in Midterm. We will close our open trades, if the Midterm level 0.6720 is broken. Technical analysis: There is a divergence in RSI and price between the trough at 0.6544 on 2018-08-15 and the trough at 0.65005 on...
PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
The daily chart of NZDUSD indicates that now is the time to sell this pair and join the trend down. FX:NZDUSD
PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISIONS ON THIS TRADE
NZD/USD broke the 50 ema and is en route to breaking the 200 ema. Move is confirmed if current broken ema's keep acting up as resistence and 200 ema gets broken on the 30 min chart.
Everything on the chart, really good RR no reason to not take this trade. Trade Safe!!
There is a sell gartley pattern on the 4hr NZDUSD timeframe. Stops can be placed around 0.693-0.695. This is not a buy/sell call. For educational purposes only.
Nzdusd - H4 - good trade to take on FOMC today expecting continuation of trend to the downside