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Kiwi

NZDJPY - Limited upside within the bearish channel NZDJPY is Bearish - We look to Sell at 65.40 ▪️ Trading within a Bearish Channel formation. ▪️ We have a 78.6% Fibonacci pullback level of 65.29 from 65.79 to 63.46. ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 65.40, resulting in improved risk/reward. ▪️ Expect trading to remain mixed and volatile. Stop: 65.85 Target1: 63.95 Target2: 63.50
Short
by Signal_Centre
EUR/ NZD Here on the Euro/ Kiwi ( EUR/ NZD) we have a Nice crab Pattern. now i had this pattern mapped out before the software pulled the pattern. But Needless to say the Pattern is still a good one. The Software does better on the Higher Timeframes. i Like how its picking up more pattern on the major swing points which in my opinion make the patterns stronger. The Pattern has printed the T-Bar. i will be looking to enter this trade and holding over the weekend. Kinda of that Mark Douglas mentality of "if it fits your criteria trade it" and the pattern fits the criteria so, watch my back im going in, if the setup presents itself. the BC leg is completly blown on this pattern but the 618 is still vaild. Again For crab patterns the possibility of it testing the 1.902 is verly likely. so keep your eyes open for that. if the next few candles dont show strong bearish tendencies then its heading up to the 1.902 -2.0 range to test those levels out! #RISKFREEORBUST OANDA:EURNZD
Short
by ARegularGuy
Kiwi Retracement Sells - Ichimoku NZD/USD ShortWe've been absolutely hammering this pair lately, let's see if we can keep that streak going. This setup is similar to the Aussie play we're looking at as well. I am looking for a small bounce up and a rejection at tenkan sen to keep the bearish trend running. If we get that retracement and rejection I'll enter the sell with the main TP being down at the kumo twist you can see on the far left of the image. I've also drawn out a few partial take profit levels with the green horizontal lines. I like to reduce my risk as it runs by taking some money off the table and letting the rest of the position run. If we fail to get a decent retracement or if our bearish confirmations change, this setup will become invalidated.
Short
by The808Trader
NZD/USD Ichimoku Drawback SetupThe kiwi has risen up to a strong level of previous price structure resistance. While my overall bias is bullish I am expecting a drawback here to test support before trying to push any higher. I've drawn out my target at previous price structure we are likely to try and test support as well as a flit kijun sen level. Remember that we are close to a bullish kumo twist and chikou span is above price meaning we are still bullish overall so this is just for a short term sell. Since it is counter trend, this is higher risk than normal, so I'll be taking a slightly small risk %. If we fail to get the drop or show signs of the drop we're looking for, then this setup may become invalidated.
Short
by The808Trader
1
EURNZD - Looking for long entry on towards the 78.6% Retracement EURNZD is Bullish - We look to Buy at 1.7770 ▪️ Continued downward momentum from 1.8179 resulted in the pair posting net daily losses yesterday. ▪️ We have a 78.6% Fibonacci pullback level of 1.7782 from 1.7661 to 1.8227. ▪️ Negative overnight flows lead to an expectation of a weaker open this morning. ▪️ As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. ▪️ Expect trading to remain mixed and volatile. Stop: 1.7685 Target1: 1.8065 Target2: 1.8150
Long
by Signal_Centre
NZDJPY - Buying at the trend of higher lows NZDJPY is Bullish - We look to Buy at 64.85 ▪️ Short term momentum is bullish. ▪️ Bespoke support is located at 64.82. ▪️ The trend of higher lows is located at 64.82. ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 64.85, resulting in improved risk/reward. Stop: 64.65 Target1: 65.70 Target2: 66.00
Long
by Signal_Centre