reversal time? good level of support on the ltf's manage your risk tight sl with red news tommorow
Hello,Friends! Previous week’s green candle means that for us the NZD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.612. ✅LIKE AND COMMENT MY IDEAS✅
Wait for fresh lows at .886 Fibonacci. Buy from there.
The reason for my buy here is we have an unmitigated sell zone that the market will be attracted to!
There is sideway pattern breakout. USD is bearish recently. NZD index is bullish though. NZDUSD sideway pattern broke recently and retest was done. In this support area NZDUSD possible up again. Trend is bullish now.
Weekly formation is still bullish but depends on how the weekly candle closes at the end of the week, I expect a strong reaction as I am still bearish for USD. Bias can change really fast after important USD News. So my prediction is to form a strong weekly wick at the end News: 14:30 - Core PCE Price Index m/m Unemployment Claims
There's a 60/40 chance for price to jump back up, after touching multiple resistance get ready for long position
NZDUSD is on a bearish 1D technical outlook (RSI = 42.566, MACD = 0.000, ADX = 31.358) as not only is the long term pattern a Bearish Megaphone but even this week got rejected on the 1D MA50 and maintains the LH sequence. We are bearish on this pair aiming for a -4.18% decline from this week's LH (TP = 0.59600), which is the lowest decline of a 1D MA50 correction...
. 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
As we can see that NZDUSD is at the support zone at which once it touches price bounces so I am expecting the same to happen again. so we can look for buying opportunities once see some sort of bullish confirmation. Target - 0.61500
Hello, Successful Traders! $-) Our analysis of the situation shows that the market is locally overbought and the current upward momentum is losing steam. It seems that any upcoming downward movement will be relatively moderate in size, while a fresh surge of growth will surpass the peak reached on January 31st. Furthermore, time also points to the possibility of a...
NZDUSD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy NZDUSD Entry Level - 0.6094 Sl - 0.6071 Tp - 0.6146 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
NZDUSD bullish idea, price making lower low and higher low but there is a rsi divergence, price is in oversold zone, there is a most probably chance for reversal, entry level, stop loss and target mentioned on chart
NZDUSD is dropping like crazy. I am waiting for USD GDP and Durable Goods news to come out to see if I could get a potential reaction from one of these orderblocks
Hi viewers, NZDUSD price break zone, here strong bullish expectations for next periods TP1: 0.63600 (150) TP2: 0.64500 (250)
On NZD/USD, it's nice to see a strong sell-off from the price of 0.61650. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. A strong S/R (Support/Resistance)...
Hi fellow traders, NZDUSD is ready to make a move higher from the blue box after completing the flag correction. Target the 0.6264 level and move your stoploss to break even as soon as we reach the grey 'risk free zone'. Good luck and trade safe!