NZDUSD pullbackLooks like we have completed some sort of ABCDE play for the bull side, If this is correct, there is an amazing longterm buy-side trade that opens up.
Kiwi
NZD/USD showing weakness around the monthly high. Kiwi trading at the top of the monthly range and starting to show signs of decline.
Coronavirus risks keep weighing on the market’s trading sentiment.
Further downside could be restricted by a 200-HMA level of 0.6005.
C WAVE indicator showing short trend forming on the 12 hour timeframe.
EURNZD Will bulls resume the rally at the start of the week ?Hi Traders,
I do expect rally to resume ( with that scenario overall switch to risk off has to happen ).
Discussing entry and stop levels as well as possible targets.
Happy Holiday Season
Good Luck
NZDUSDPullback to the .50 4hr chart. Then continuation down to the next fib level painted on the 1hr chart here.
Trade at own risk, not financial advice in any way.
enjoy the rest of the weekend!
WOL3.1 #69AUDNZD buy stop 1.01658
SL 1.00527
TP 1.03916
R= 113.1 pips
Si el precio llega a 1.02792, mover SL a 1.01887
AUDNZD SHORT 12RONLY entering on 4hr price action confirmation.
Use appropriate risk & trade management
WOL3.1 #78 2ºAUDNZD sell stop 1.02292
SL 1.03127
TP 1.00624
R= 83.5 pips
Si el precio llega a 1.01453, mover SL a 1.02125
WOL3.1 #78 3ºAUDNZD sell stop 1.02469
SL 1.03258
TP 1.00891
R= 78.9 pips
Si el precio llega a 1.0168, mover SL a 1.02309
WOL3.1 #78AUDNZD sell stop 1.02386
SL 1.02843
TP 1.01472
R= 45.7 pips
Si el precio llega a 1.01928, mover SL a 1.02293
WOL3.1 #74AUDNZD sell stop 1.01344
SL 1.02637
TP 0.98764
R= 129.3 pips
Si el precio llega a 1.0005, mover SL a 1.01084
AUDNZD ShortIm holding AUD/NZD short after breaking the bullish trendline from mid-March. After the break we saw a minor re-test followed by a close over the 50 EMA. Price moved to the downside before retracing to the 50 EMA and rejecting the 50.00%.
I entered this trade at 1.01992 and will be keeping an eye on with the aim to hit the -27.00%, SL moved to entry so this trade is now risk free.
NZDUSDDaily Supply & Demand Zones - any divergence shaping up? Just assessing key levels.
Our indicator on the chart is Mayfair's OBV Divergence, Moving fibs and support/resistance from higher timeframes.
Be great to get comments on the coming week's thoughts for this pair.
Have a great weekend!
GPBNZDDaily Supply & Demand Zones - any divergence shaping up? Just assessing key levels.
Our indicator on the chart is Mayfair's OBV Divergence, Moving fibs and support/resistance from higher timeframes.
Be great to get comments on the coming week's thoughts for this pair.
Have a great weekend!
EURNZDDaily Supply & Demand Zones - any divergence shaping up? Just assessing key levels.
Our indicator on the chart is Mayfair's OBV Divergence, Moving fibs and support/resistance from higher timeframes.
Be great to get comments on the coming week's thoughts for this pair.
Have a great weekend!
AUDUSD Headed Down UnderWhats up Traders
You can draw this a lot of ways, with a little of shapes. . . but
Bottom Line - US Dollar is on the rise . GeoPolitical Reasons primarily.
Pre Economic Slow Down and Pandemic, the Aussie Dollar was being gutted.
Post Economic Slow Down and Pandemic, I expect it will continue.
Target the high .40's This is one of those Asymetric risk opportunities in my opinion, so swing for the fences.
Good Luck
-Nixx
NZDUSD struggling to hit 0.63The New Zealand Dollar has slumped to touch the lowest level in almost eleven years against its USD.
VENUS LIVE LEVELS INDICATOR SIGNALLING MORE SHORT
WOL3.1 #59 2ºAUDNZD sell stop 1.0386
SL 1.04801
TP 1.01975
R= 94.1 pips
Si el precio llega a 1.02918, mover SL a 1.03676
