My bearish sentiment on NZDUSD are backed by the following confluences- 1) Market structure (BoS), 2) OB-supply, 3) Imbalance, but I await my fourth(4th) confluence which is Take Profit Liquidity(trendline liquidity), which will make it at least a 4/5 of my confluences before i can execute. So my markups are done on the 4hr timeframe which is my major higher...
A similar trade to the EURUSD from last week. H4: Pointing Downwards D1: Down Moving Average: With Daily MA H4 pointing downwards Pattern: Deep Crab on M30 Strong resistance at 0.6125 30 pip stop loss. 70 pip target
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61400 support and resistance area. Trade safe, Joe.
nzdusd pair faces selling pressure while attempting to extend recovery above the immediate resistance of 0.6071 in the European session. The Kiwi asset has fallen on the back as the broader market mood is downbeat, and investors are rushing back to safe-haven assets.
As I explained in my previous post, everything seems to be working out fine, and in profit. We are looking for a break above the neck and possible retest to add more longs.
The New Zealand dollar is showing limited movement on Tuesday. Early in the North American session, NZD/USD is trading at 0.6052, down 0.03%. New Zealand releases the fourth-quarter employment report later today. Employment is expected to rebound with a 0.3% gain, after a decline of 0.2% in the third quarter, which was the first decline in over three years. The...
-Daily shift of structure -Broken support level -Head and shoulders H4 timeframe -Candlestick pattern and rejection of the zone We are going to be waiting for continuation of the trend with patience, allowing the market to go where it has to go.
NZDUSD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long NZDUSD Entry Point - 0.6048 Stop Loss - 0.6014 Take Profit - 0.6129 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello,Traders! NZD-USD made a bearish Breakout of the key horizontal Level of 0.6075 and the breakout Is confirmed so I think that We will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price appears to be overbought, we can now expect this pair to trend upwards.
bullish point : horizontal support bullish divergence 4hr Hammer at support Trendline breakout EMA100 BREAK
Self explanatory. Let's move on to complete the top down analysis
All the points have been written on the charts. Strong Take profit areas are TP1 and TP2. Only in case of breaking the upper trend line it is not recommended to sell. All in all, my presumption is hitting at least the lower trend line (blue one) until max. February. Lets see. Good Luck for All!
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.60904 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 0.61576 Why we like it: There is a pullback resistance that aligns close to the 38.2%...
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.60730 which is a pullback resistance. Stop loss is at 0.60940 which is a level that sits above a pullback resistance. Take profit is at 0.60350 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs...
NZDUSD - 24h expiry There is no indication that the selloff is coming to an end. Further downside is expected. Short term RSI has turned negative. Risk/Reward would be poor to call a sell from current levels. A move through 0.6050 will confirm the bearish momentum. We look to Sell at 0.6080 (stop at 0.6110) Our profit targets will be 0.6008 and 0.6000...
I want to try this long, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own research.
4H Liquidity has been purged 15M liquidity and a CHoCH had been occured After that i entered on the order block responsible for the imbalance at the extreme point of the structure