Certainly. Here's a rephrased version along with an explanation: We recently observed a market response following our decision to initiate a sell position at 0.6122 on the 4-hour (H4) chart. This decision was based on identifying a resistance level that overlapped with the current market conditions. In order to set clear risk and reward parameters, we...
Waiting for a retest of 0.61132 to short NZDUSD back to 4H swing low at 0.60139 If you agree drop a like and if you have any questions leave a comment :)
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here as price filled perfectly the imbalance and rejected from bullish order block + institutional big figure 0.61000. Like, comment and subscribe to be in...
NZDUSD is trading in the descending channel. Price pulled back from the support level. There's a kill zone level where resistance level 50.0% fibo perfectly lines up with it. On the 4 hourly chart, the market rebounded from the psychological level at 0.62000. We expect completion of the AB=CD pattern. ------------------- Share your opinion in the comments...
same fractal setup as per 30 min time frame , relative to higher time frame
looking forward to sell NZDUSD around 0.6175 level or above as we have seen a massive shift for downside in all major currencies as dollar seems to rally higher and target 104.25 level which makes this pair weaker and pois to move down. As i am also using the inner circle trader concepts and a mentorship student of 3 years this model should pan out and should...
Hey, folks! We're witnessing some manipulation with the highs here! The upward momentum that started on October 26 broke through the high of October 23 at 0.60555. This high was the peak of the downtrend that persisted throughout this year. We were expecting a decline last week, but as it turns out, the bears were just hiding their intentions. Right now, the pair...
FX:NZDUSD retreats late in the Monday North American session after rallying to a new four-month high of 0.6226, but a repricing for a less dovish US Federal Reserve witnessed a jump in US bond yields. Consequently, the pair tumbled more than 0.80% and trades at 0.6154. The NZD/USD uptrend remains intact, though it is subject to a pullback. If the pair slides...
Kiwi will go down again after nice pullback to 0.6200 area. Double top will firm and after that, price will fall to middle line of broad channel. Have a good week. Trade safe.
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.61000. Like, comment and subscribe to be in touch...
Welcome back! Let me know your thoughts in the comments! ** NZDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
🏃 NZDUSD is moving in the 🔴 Resistance zone($0.6110-$0.6050) 🔴 and 🟡Price Reversal Zone(PRZ)🟡 . 🌊In terms of Elliott wave theory , NZDUSD seems to be completing a Zigzag correction(5-3-5/ABC) so that the main wave C structure is Ending Diagonal . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks. 🔔I expect NZDUSD to Fall to...
NZDUSD D1 - The price has formed a diverging triangle, which in the near future may lead to a decline, the price may correct by 50% or more, from a correction of 50% it will already be possible to consider entry points for buying, if the price continues to move to the lower border, purchases after breaking through impulse level. H4 - You should wait for...
NZDUSD - 24h expiry Trades at the highest level in 76 days. We are trading at overbought extremes. Trading within a Bearish Ascending Wedge. A Fibonacci confluence area is located at 0.6135. Bespoke resistance is located at 0.6135. We look to Sell at 0.6135 (stop at 0.6167) Our profit targets will be 0.6055 and 0.6035 Resistance: 0.6135 / 0.6143 /...
Last week, the market flexed its muscles and climbed above the level of 0.60555, shaking off the chains of the downtrend that has been holding it hostage since February 2, 2023. It's inching up above that level, but our trading strategy suggests that the ceiling is not too far away. While a temporary surge to 0.6137 or even 0.6155 wouldn't be too surprising, we're...
📉 Navigating the NZD/USD Waves: Charting a Course with Elliott Waves! 🌊📉💹 Embark on a voyage into the heart of the NZD/USD forex seas, where the Elliott Waves serve as our compass. In this comprehensive short analysis, we delve into the intricacies of Elliott Wave Analysis, unveiling potential short-term opportunities in the New Zealand Dollar against the US...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade