Watching out on this, Here is my idea 💡 or bias on NZDUSD , looking to probably LONG .⚠️Word of Caution⚠️ setting the buy and sell position tools on my chart doesn't mean I opened a position already, it just a forecast,i don't just trade when price hits my levels, I've got rules of engagement. The most important thing of all is 🆘RISK MANAGEMENT🆘.
The NZD/USD market trend is overall bearish. Recently, the market broke below a key support on the daily charts, which has now turned into a resistance for us. Currently, the price is near that level. Additionally, on the 1-hour chart, a head and shoulders pattern has formed, with extra confirmation from a rising channel. Both patterns have their neckline broken...
Hello,Traders!
NZD-USD has retested
The horizontal support
Level of 0.6090 and
We are already seeing
A bullish reaction so
I think that the pair
Will go further up
Buy!
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Hello everyone ...
Use good trade management only thing important in Trading is how you manage your trade...
WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT..
.. good luck..
The Kiwi (NZD/USD) ) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.60933 which is a pullback support.
Stop loss is at 0.60400 which is a level that sits under an overlap support and the 61.8% Fibonacci retracement level.
Take profit is at 0.61575 which is a pullback resistance that aligns...
weekly supply in control , we just had 4h supply remove daily demand. so were following the order flow . we have a nice drop base drop clean departure. limits are set
A comprehensive analysis spanning multiple timeframes presents a bearish outlook, augmented by fundamental factors. On the monthly chart, there's a clear rejection at a significant resistance level, indicating strong selling pressure at these price points. Shifting to the weekly timeframe, a notable observation is the breach of a critical support level, which has...
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about NZDUSD. NZDUSD is making descending Channel pattern here it has maximum Chances we can see a good Bullish wave here. In this move we can see gain upto 100Pips+.
Keep in touch we will update further soon.
NZDUSD broke out of the descending channel. It is approaching the fibo cluster level.
The market is in a bearish trend. The price dropped from the resistance twice.
Price action created the hidden divergence, which is a signal of trend continuation.
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Looking for shots off this area, structure is being respected and looking to continue shorting.
Higher timeframe found below,
Let me know your thoughts. Cheers!
