The Kiwi (NZD/USD) has made a bearish reaction off the pivot which has been identified as a pullback resistance; this FX pair could potentially fall towards the 1st support. Pivot: 0.6007 1st Support: 0.5974 1st Resistance: 0.6042 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.5995, which is an overlap resistance level Our take profit will be at 0.5958, an overlap support level. The stop loss will be placed at 0.6042, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level...
The Kiwi (NZD/USD) could fall towards a potential breakout level and drop lower from here. Sell entry is at 0.5965 which is a potential breakout level ( wait for the 1-hr candle to close below 0.5965 for confirmation ). Stop loss is at 0.6006 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
NZDUSD Top Down Analysis H4: Directinal Bias Broken structure to the downside. Lookiing for Shorting positionsFrom the Supply Zone. Price created an Imbalance leaving behing Supply Zone above. Will sell from this zone. H1: Technical Analysis Price is in H4 Demand Zone and is strongly resisted by the Buyers. CHoCH signals short term trend reversal and...
The NZD/USD is rising towards a resistance level, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement; it could reverse from this level to our take profit target. Entry: 0.60459 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement Stop loss: 0.61050 Why we like it: There is a pullback...
Hello Everyone, Further decline in NZD/USD is anticipated prior to any bullish momentum, but if the weekly pivot point (PP) holds as a support level, we might witness immediate upside potential. TradeWithTheTrend3344
NZD/USD SHORT " break of structure + break of upper trend channel + 72%fib retracement "
NZDUSD has recently made RSI divergence, broke the LH, and now taking support at the Fib level of 0.5.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per my last analysis, attached on the chart, NZDUSD rejected the lower bound of the channel and traded higher. 📚 Currently, NZDUSD is approaching the upper bound of the channel. Moreover, the highlighted red zone is a strong structure acting as a minor resistance. 🏹 ...
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
NZD/USD is rising towards a resistance level which is an overlap resistance which aligns with the 23.6% Fibonacci retracement and could reverse from this level to our take profit Entry: 0.59910 Why we like it: There is an overlap resistance level which aligns with the 23.6% Fibonacci retracement Stop loss: 0.60459 Why we like it: There is an overlap resistance...
Monthly timeframe - Last monthly candle bearish rejection wick -> when looking at the zone that caused that bearish rejection not a single selling region was hit - Inverse head and shoulders with a false break of the shoulder 1 region and currently trading back above - If the bears want to kick in higher liquidity will be needed Weekly timeframe - Bearish...
Weekly timeframe - Bearish -27 fib completion - Bullish indicational candle - Bears can kick in again at the 0.61492 region (position will get fully closed here) Daily timeframe - Inverse head and shoulders 4H timeframe - 5-leg fib completion as my entry criteria (proven daily supply and demand zone)
NZDUSD Buy Stop Loss: 0.591 Targets: 0.599 0.600 0.602 0.604 0.606 0.608 0.611 0.614
✅NZD_USD will soon retest a key support level of 0.5944 So I think that the pair will make a rebound And go up to retest the supply level above at 0.6000 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
idk what the time was lol - BUT IDC OMG IT WAS HORRIBLE - so many mistakes -trading after such a move: stupidity -the POI: really dumb Im not gonna go into detail about the trades: both were bad (one was winning but still bad) overall PnL: +0 pips (a red day wouldve been better)
The market is testing the swap zone on a 4H timeframe. FX:NZDUSD lost momentum near the resistance zone. The resistance zone was tested multiple times before, when the market was pushed lower several times. I expect a pullback from this zone because the market is near strong resistance. Furthermore, we have a divergence, which suggests that the market might pull...