Hi everyone. My name is Khalid from TFS Price Action Trading, Malaysia's leading forex trading course.
Please watch the 1-minute video for our NZDUSD 4H analysis.
Thanks and cheers!
KHALID HAMID
we should see a spike in price on this NZDUSD pair very soon.
Bullish Divergence also forming on MACD
Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Anticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
Due to downtrend from mid-2017, executing a short play would be easier. Accumulated demand liquidity above 0.697 level, will cause a new leg down to the EQ and even further down to the Range Low.
Entry: 0.698
SL: 0.711
TP-1: 0.656
TP-2: 0.641
TP-3(Bonus): 0.621
R/R: 4.38
Please let me know if you have any suggestions or any ideas to add. I can also give you...
Two weeks ago, I stated market is getting ready for a buy as it entered oversold region of RSI .
This is an update for entry area to buy up, RSI bottomed at 27 reading and market hit a good support area as depicted in it's history.
Market has now retracing down to possibly form a double bottom as it often does, then a good uptrend likely to follow.
Warning;...
Two weeks ago, I stated market is getting ready for a buy as it entered oversold region of RSI.
This is an update for entry area to buy up, RSI bottomed at 27 reading and market hit a good support area as depicted in it's history.
Market has now retracing down to possibly form a double bottom as it often does, then a good uptrend likely to follow.
Will try a...
We are trading with the trend and currently, we are on a downward trend, a few more reasons to sell signal:
1. The nzdusd price is below the 200 moving average.
2. The indicator Ichimoku indicates continued declines.
Entry price:0.6657
Take profit: 0.6480
Stop loss:0.6730
hello guys welcome on NZDUSD analysis, looking at macd we are on bullish mode our target will be as shown on the idea , trade save have fun , also check my previous idea about NZDUSD
Broad-based USD strength along with dovish RBNZ has led to a big Sell off in NZDUSD. However, it looks like the selloff is about to end soon.
Right now price is testing a very critical area at 0.6591. In the previous occasion, we have seen price reverse strongly from this area.
This kind of levels are powerful and often lead to quick reversals.
So, traders can...
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
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