BLACKBULL:NZDUSD Got Pulled back on supply area and got rejected multiple times.broke stracture on 15M TF.rsi divergence on 15m tf as well,head and shoulder pattern for me. my entry point : Entry - 0.62842 Tp - 0.62423 Sl -0.63113 RR - 1:1.55
On the 15M timeframe, price broke below an ascending trendline and is showing strong bearish correction. A pullback to the resistance zone at 0.6290, which coincides with the 61.8% Fibonacci retracement, could present an opportunity to play the drop to the support zone at 0.6250. Price is holding below ichimoku clouds, supporting our bearish bias.
On February 2, 2023, the NZDUSD pair embarked on an impulsive move to the downside. Following this strong bearish activity, the pair entered into a consolidation phase that took on the form of a regular flat, which started on March 10, 2023. As of May 10, we've observed a significant breakdown outside of the flat correction pattern, indicating a likely...
We reversed on Friday. Like AUD, it traded a 50% short level in NY morning session and sold off hard through there. In fact, it is a much more aggressive sell than AUDJPY or AUDUSD. Looking out over a longer time frame, you can see we traded right up the 61.8% line of the entire up move. Target for this downside is 0.61339.
Hey Everyone, NZDUSD is now in our view expecting price to come to our region and then drop from there. We can also have a good buying opportunity though it would be wise for us to look just for sell setup.
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong resistance zones hold my short term view remains bearish here.
I just entered with a short on this pair, on15min it overbought, hit the resistance and rejected
A breakdown of May 12 low at 0.6182 will further drag the price toward May’s low at 0.6160 followed by April 26 low at 0.6117. The Relative Strength Index (RSI) (14) is signaling further weakness ahead.
Nice entry point for a good short with low risk. My entry is on chart.
NZDCHF H8 TF Possible sell entry looking for potential early bearish momentum
Welcome . The New Zealand dollar pair is in a positive position. The pair is trying to form a head and shoulders pattern. It is a very strong model. This is just a proactive view of the market. and long term business.Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free...
Price has tapped into the major resistance level in a parabolic move, entered short for a quick 1:2.7 RR trade
NZDUSD - 24h expiry We expect a reversal in this move. Price action looks to be forming a top. A move through 0.6340 will confirm the bearish momentum. Momentum is flat, highlighting the lack of clear direction. The measured move target is 0.6250. We look to Sell a break of 0.6340 (stop at 0.6370) Our profit targets will be 0.6270 and 0.6250...
#NZDUSD initial supply zone for short 0.6295-6310, if price breaches this supply zone to the upside, then next extreme supply zone for short .06345-80. stop loss: 0.6405, target: 0.6155.
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: As I expected in my previous analysis, price made the retracement and filled the imbalance, now I expect a rejection from bearish order block + institutional big figure 0.63000, as we are in a premium zone. Like, comment and subscribe to be in touch with my content!
NZDUSD is meeting its trendline resistance. Sell on strength at 0.627 SL : 0.63185 TP : 0.608 Good luck! Happy trading!
the idea is to wait for a significant break of structure, then wait for a return to our supply OB to further sell into a discount of the range. Might as well look for longs from the discounted level
Waiting for a retest of 0.62116 to short NZDUSD back down to swing lows at 0.60965 If you agree drop a like and if you have any questions leave a comment :)