The Kiwi (NZD/USD) is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.61489 which is a pullback resistance. Stop loss is at 0.62000 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.60685 which is a pullback support. High...
Hi fellows, in this video i am trying to show you, how easy and simple successful technical analysis could be. Today we will have a look at the 5-0 Pattern, which is a great Pattern to make some profitable Trades. Always keep in mind, that not every trade will work, so there is no way for a holy grail!!! Chears, Peter
NZDUSD will probably go in a downtrend based on DoubleTop Reversal Pattern and Bearish DIvergance on RSI. The entry to this trade will be based on the breakout out of the neckline.
In this video, I will be sharing my NZDUSD Analysis Today by providing my complete technical and order flow analysis so you can watch it to possibly improve your forex trading skillset.
In this Setup we have a clean trend continuation setup! IF market CLOSES above the orange line (0.382 fib speedline) the trade is executed! We then have the trendline support in combination with the 0.618 Fib retracement which should give us enough support for another big move to the upside!
If the trend line is broken, price can fall around 0.605
Hello Traders, here is the full analysis. Price reversal going up levels for BUY . GOOD LUCK! Great BUY opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will...
Trend: H4: Up (Not with the rules but other NZD is looking weak so taking the trade) D1: Down Moving Average: With Daily MA Opposing H4 MA Pattern: Butterfly on M30 Strong resistance at 0.6170 33 pip stop loss.
🏃 NZDUSD is moving near a 🟢 Heavy Support zone($0.6110-$0.6050) 🟢. 📈Regarding Classic Technical Analysis , it seems that NZDUSD has succeeded in forming a Double-Bottom Pattern , and we are currently witnessing a pullback to the Neckline . 🌊In terms of Elliott wave theory , NZDUSD seems to have completed 5 impulsive waves and is currently completing ...
I got my 2nd entry signal (4hr bullish engulfing), now to wait for TP or SL to get hit
BEARISH BIAS ON NZDUSD DEC(2023) WEEK 2 Anticipating a form of Price retracement into this Price level above 0.61580. For my Short Confirmation and BIAS.
My dear friends, Please, find my technical outlook for NZDUSD below: The price is coiling around a solid key level - 0.6091 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.6106 About Used Indicators: The pivot point itself is...
Hello,Traders! NZD-USD will soon hit A horizontal support level Of 0.6076 and after that I will be expecting A local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Buy when it gets to the entry zone. I wait for CHoCH to form to confirm buy entry. All the best
We can see a strong selling pressure in the weekly and daily time frame. Altough, the price is bouning of a Monthly FVG. We are gonna look for buying entty setups. At the moment, there are no reasons to buy, we are expecting the price to grab the liquidity of selling orders and then starts its journey towards the buy side. We will go for the strategy of wait and watch.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
According to the movement of the market in the high time, this possibility goes for an upward movement in the first few days of the week Please follow the analysis and see the wonderful results