NZD/USD Trade Setup- Bearish Technical Analysis with Risk-Reward
Trade Setup Buy
pair ( NZD/USD)
Entry 60,300
Target point : 61,00
The price appears to be below the Ichimoku cloud, suggesting bearish momentum. A notable target point is marked with a red arrow, indicating a potential price level near 0.58800, which is the anticipated support area or profit target.
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Technical Analysis Overview:
Instrument: NZD/USD (New Zealand Dollar / US Dollar)
Volume Profile: Shows a heavy volume concentration near current price, indicating a potential resistance area.
Price Action: Consistent lower highs and lower lows confirming a downtrend.
Target Point: Marked at approximately 0.58800.
Stop Loss (assumed): Just above the Ichimoku cloud or recent highs, estimated around 0.60600.
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Risk-Reward Ratio (RRR):
Entry Price Estimate: Around 0.59800
Stop Loss: ~0.60600 (80 pips risk)
Target: ~0.58800 (100 pips reward)
RRR: 1.25:1 (Reward is greater than risk, favorable setup
Summary: This is a short (sell) trade idea based on technical weakness in NZD/USD. The bearish confirmation from Ichimoku and price positioning supports further downside. The target is clearly defined, and the risk-reward ratio is acceptable for disciplined trade execution. Be sure to monitor fundamental events (e.g., central bank announcements) that could affect NZD or USD volatility.
pair ( NZD/USD)
Entry 60,300
Target point : 61,00
The price appears to be below the Ichimoku cloud, suggesting bearish momentum. A notable target point is marked with a red arrow, indicating a potential price level near 0.58800, which is the anticipated support area or profit target.
---
Technical Analysis Overview:
Instrument: NZD/USD (New Zealand Dollar / US Dollar)
Volume Profile: Shows a heavy volume concentration near current price, indicating a potential resistance area.
Price Action: Consistent lower highs and lower lows confirming a downtrend.
Target Point: Marked at approximately 0.58800.
Stop Loss (assumed): Just above the Ichimoku cloud or recent highs, estimated around 0.60600.
---
Risk-Reward Ratio (RRR):
Entry Price Estimate: Around 0.59800
Stop Loss: ~0.60600 (80 pips risk)
Target: ~0.58800 (100 pips reward)
RRR: 1.25:1 (Reward is greater than risk, favorable setup
Summary: This is a short (sell) trade idea based on technical weakness in NZD/USD. The bearish confirmation from Ichimoku and price positioning supports further downside. The target is clearly defined, and the risk-reward ratio is acceptable for disciplined trade execution. Be sure to monitor fundamental events (e.g., central bank announcements) that could affect NZD or USD volatility.
Trade closed: target reached
entry from60.300 target 60.900 now touch 60.800 secured progit and close trade wait for next setup
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.