the current trend is a down trendline and the price is moving in nice decent waves. if we do a back test you would see that the price will soon hit a strong area of resistance. we should be ready with a sell trade around this area that happens to be the 61% fib level.
⭐️ Smart investment, Strong finance ⭐️ NZDUSD INFORMATION: The trade balance of New Zealand experienced a decrease of $1.234B, which was contrary to the forecast of -$1.2B. This decline was a result of a slump in the trading of goods, with both imports and exports showing a decrease. As a result, it will be challenging for Kiwi buyers to find any incentives...
Early this week i saw bullish flag pattern on the weekly TF, then i knew the price would move within the channel. right now the price is moving downward.
Look out for a false breakout to the upside. Full entry at 0.5940 level. Stops at 0.5980 targets below 0.5762 zone. At this low level 0.5762 (we will target longs). Use proper money management. Subscribe for more market breakdowns.
short nzdusd as price looks to be in the final wave. this completes the wave v of 5 of (III). stop loss is around 70 pips whereas take profit is around 455 pips. also you can take profit at wave iv of the minor wave. (a guideline in the wave rule)
SELL NZDUSD TO 38.2 OF MY FIBONACCI LEVEL... HOWEVER WAVE IV(UPCOMING BEAR MOVE) CANNOT OVERLAP WITH WAVE I ... RISKING 47PIPS FOR 120PIPS...ALSO ONE GUIDELINE WE MUST TAKE NOTE IS SINCE WAVE II WAS A DEEPER RETRACEMENT, 23.8 FIB IS ALSO LIKELY TO HAPPEN SINCE CORRECTION II AND IV ALTERNATE
Weekly Price found support and has been consolidating after a long downtrend. The previous weekly candlestick was a large bullish candle, which showed there was a significant amount of bullish pressure. Daily Price appear to have found support and formed a double bottom, which is a bullish candlestick pattern. After the formation of the double...
Price looks like it may come down. I'm looking for price to cross my neck line @0.72003 and continue to @0.71680. Make sure to comment and let me know what you guys think...
Taking this continuation short after this pullback, already a few positions short. Price broke free of the 4hr trendline yesterday. This pullback was not too strong, so I will endeavor to make this position risk free as soon as I can!
NZD/USD SHORT OPPORTUNITY (4 HOURS):
NZD/USD SHORT OPPORTUNITY (HOURLY):
Price has continued it’s downward trend and is currently retracing. Look for any opportunities to short when it touches trendline and precious resistance between 0.588 and and 0.59 area. Price may retest the 50ma and make an impulsive move downwards. Trade wisely & hustle folks. Patience is 🔑
Open sell position on angle mirror at NZDUSD - 0.6741 SL - 0.6775 TP - 0.6665 RRR - 1:2
Sell NZDUSD at 0.6807 SL at 0.6836 TP at 0.6720 RRR is 3.05 Good SL so you can use normal order volume. Such order at AUDUSD
On the NZDUSD bearish butterfly has formed, this is a good shorting opportunity.use proper money management, cheers
A bearish Gartley has formed on NZDUSD however am still expecting an extension of the D leg before shorting more. I will be looking for more bearish evidence on this level 0.7000 This is a potential metric point for the reversal to occur. Use proper money management. All the best friends
SHORT IT WATCH TODAY IS 2/6/2018 GOOD LUCK TO YOU