in my point of veiw the NZD USD completed 5 descending wave and trend reversed first elliott wave also completed now 2nd wave in progress (the a and b waves completed and c wave in its way to goes down). the c wave may goes to from 60% to 100% and then goes up to make wave 3.
Hi,,,, NZDUSD seems that is going to have correction before continue going long SL:0.65764 TP:0.64300 why I am entering?: Gann resistance at 0.65501 price could not close above it Harmonic BAT pattern PRZ ( Potential Reversal zone) and there is a good reversal candlestick 1- Doji candle 2- Long upper shadow candle these are signs of price reversal if you...
The trade did sell and I ended up taking partials so the first entry is risk free. Once price came down, I dropped to the 1m time frame and saw an opportunity for another entry since I could take the risk after taking partials from the first. After the 2nd entry went my way I took partials again leaving both trades risk free. Seems like price is gonna stop me out...
My Elliott Wave View on NZDUSD Wave C of the Zigzag looks complete. Wave 2 of the Impulse looks complete. Upside movement is expected. Correct me if I am wrong. Comment your ideas, please.
I want to see price break the 4h trend. This will allow me to accurately pin point price next course of action. I think we can short the market for some good pips before moving bullish again.
#NZDUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Took a personal trade, tp hit with a little over 50 pips. Looking for another sell opportunity! Rinse and repeat, liquidity again in our favor.
On the H4, with price showing bearish pressure on the MACD indicator and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from our sell entry at 0.64738 in line with the 23.6% fibonacci retracement and overlap resistance to our 1st support at 0.62238 at the swing low. Alternatively, price may reverse off the entry...
We have a downtrend in this specific time frame, and also the support and resistance align with Fibo levels. The RR is 2:1 so for me is worth taking this sell. Invalidation if brake the falling TL. Trade with care!
The New Zealand dollar is more likely to fall against the US dollar as the pullback completes the broken uptrend line.
Interesting developments across NZD and AUD pairs. Looking at the inneficiency amongst those pairs we notice small pullbacks back to previous local highs. This could be an aggresive short opportunity based on: - Local high liquidity area - profit taking level at that high - 61 significant fib is near -100 ema is near Wide stop is used around 40 pips to give...
On the H4, with price showing bearish pressure on the MACD indicator and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from our sell entry at 0.64738 in line with the 23.6% fibonacci retracement and overlap resistance to our 1st support at 0.62238 at the swing low. Alternatively, price may reverse off the entry...
Previous break of structure. I believe that we are in a short term retracement on the 4hr. IMO major buy opportunity. Trade at your own risk....This is not investment advice.
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will downto the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
Impulse channel broken, price made a consolidation that is being broken out to the downside. In a bullish sentiment for this pair, price needs a correction, if this is the second wave, it should be deep enough - 50-62% against the impulse. Trade safe
We need small retracement for a make a long move lets see