NZDUSD about to complete a combination corrective structure ( double three = zigzag (w) + flat (x) + triangle (y) ) . The 4th wave should not enter into the price zone of wave 1, so price must stay below .7660 for this idea to be valid. The short entry is following breakout of the triangle to the downside and retesting of the trendline. The target will be...
NZDUSD - Day Trade for 19 Sept. 2016 This is one hour chart for daily trade - Longer term trade please chart the DAY Chart.
NZDUSD - Day Trade for 19 Sept. 2016 This is one hour chart for daily trade - Longer term trade please chart the DAY Chart.
NZDUSD,If it does not break, it will rise.
NzdUsd formed a bearish Triangle (also called a rising wedge pattern), which retested that broken support (now resistance) and formed a bearish pin bar on Friday. Also note the bearish pin bar on the weekly chart (last week), which is still in play This week we will be looking to add to our current position to target the next support area at 0.71115 and key...
NZDUSD is making correction, I expect more downside to 0.7150 for short term Use your own strategy Thanks and have a nice day
NZDUSD week at what is indecisive and formed a few weeks a side step below the level of 0.7330 and it looks like the bulls there is no interest on the part of breaking this level (at the time) doing an analysis over long time under that level and formed a bearish pin which bodes well for this short on the daily closing just above the average at 21 times next...
NZDUSD looks like its about to drop down from the wedge. I would wait til the confirm breakout before I would enter short.
NZDUSD long set-up. looking to enter @0.71420, sl 0.70872, tp 0.72637
NZDUSD has been consolidating for several months and seems to be ready for the next impulse. At this level there is an important level of resistance, trendline and the price action shows selling pressure. The bearish divergence on the MACD indicates that price should do an impulse down. Let the market speaks for itself and short on the break of the trendline. This...
NZDUSD would go down if price could not break top zone
NZDUSD needs to take back 0.70554 to have a chance to retest top of range 0.73168. Take out 0.73168 to widen range.
NZDUSD is on retracement area, it probably go down until 0.6924. since the reward ratio for short position is very small, it is not recommended to trade. long position can be placed if the bullish keylevel break (0.7014) with taking profit @0.71500
NZDUSD completed a cypher pattern today as well as having already completed a crab pattern earlier. It is now sitting at the 3.618 crab extension in it's PRZ and also in the PRZ of the cypher pattern. In addition, it is sitting at the MAJOR SR structure zone. Target on any LONG trade on this should be the TP1 of the cypher at the .382 retrace level. Although it...