NZDUSD ReversalPrice has posted a Lower High and retraced back to a prime selling position, up-move is limited thanks to a Weekly Fib Level & the downtrend line.
Newzealand
NZDCHF BREAKS DOWNTRENDAfter multiple retests and a fall breakout around 0.68400 we can expect a new bullish trend towards 0.71000.
NZD USD....Potential BuyNZD USD Has taken out last Wednesday's day gains in the last 3 trading days, we are now back on the trendline looking for a potential b B-B-B-B-BOUNCE! Who knows....who actually knows?
NZDUSD failed neckline break NZDUSD failed to break 0.70520 for new lows. Bounced off and retraced to the upside. Shattered 28% Fib zone. Alligators indicate buyers market. Possible retest of the 0.72470 level.
NZDJPY - 1D - Pretty Wedge FormedIf you like this idea leave a like and follow me to get all of my updates :) I would love to talk to you so send me a message or comment!
Underlying: NZDJPY
Time frame: 1D
Just wanted to bring this to people's attention. I have noticed that a lovely wedge has formed on the daily chart for NZDJPY. Don't expect any kind of big move until we have broken out from this range. With my current belief that the stock market is over bought I am expecting to see strength in the Japanese Yen and the reason I am looking at it breaking down.
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$AUDNZD | Short TradeHello Traders,
This is coming out a little late, But I entered a short in the consolidation zone and have my eyes set on the targets defined in this chart.
Long on NZDUSD (KIWI)False head and shoulders. Caught it from a mile away. Im in from the entries as shown on the chart. I am very long on this pair. DXY(USD) is melting. NZDUSD only way right now is to go long on this pair. I am extremely Long and heavily invested in this pair.
I believe we can hit the targets shown in time and break the previous high and go even higher. I had a previous post on Kiwi. Bias has not changed!! the Lower it went the more I bought in and added onto my positions. All those dips and false moves to the downside were done to shake away buyers. Be aware and on ur feet. It is time to go up . Safe Trading and Best Regards.
Risk Reward
Target 1: 1: 1.3
Target 2: 1: 3
Target 3: 1: 10
NZDUSD: UPTREND BROKEN. POTENTIAL WAVE DOWN INCOMING.NZD has broken the uptrend and it's now in the middle of a bullish divergence. I'm expecting a pullback before a potential wave down.
NZDUSD 60MinWatch for break of bullish penant.. Price making new higher highs and higher lows. Price already retraced back to 61.8 zone and bounced off : )
Trade with care.. !!
NZD/JPY ShortNZD JPY we are looking at a nice triple top with solid wick rejection. Nice crossover on the stoch RSI and nice divergence on the RSI. Not a fan of going against the trend, but the ratio is great here. My entry, stop and tp are posted on the chart. Ideas always welcome.
GBPNZD Long opportunityBreak of counter trend line/bounce off weekly trend line that has been respected, which price bounced off of. Looking for a retracement back to red zone & will adjust my stop loss when reaching that point.
Trade with care !
Long NZDUSD (KIWI)Just like Aussie, I am expecting NZDUSD to continue to the upside after these nice bullish closes
above monthly support .7300. I am going to make my first safe target a fib extension of 61.8% and the final
target at a weekly level I do believe we're going to hit. I believe both Aussie in the long term are going to be bullish for
a while now that we've broken monthly level. I do believe we're due for a trend reversal. :). Safe Trading guys.
Risk/Reward:
Target 1: 1:1.2
Target 2: 1:1.7
Return of the Kiwi?This is a very optimistic view of the NZD. This assumes the US Dollar continues its run down.
I think the TP1 is much more probable in the coming weeks and at a little over +100 pips I am ok with that.
Short NZDUSDHi again traders
here is another potential trade I've been watching for a few weeks now. As you can see, price has hit previous structure/resistance which is a key indicator for a reversal.
My RSI set up has shown that price has reached the overbought area and has already started its reversal which you can see on the chart as well with a strong bearish candle on the daily time frame.
My shorter moving average signal is very close to crossing over to the downside showing a strong signal of a change in trend.
Price has gone into the 61.8% retracement zone and turned around giving us another signal for a change to the downside.
I would look to enter this trade around the 7.200 level with your first TP: 7.000 and TP:6.900 - 6.800
I would consider a safe place for your stop loss to be around the 7.350 price level.
Good luck traders.
Plan your trade, trade your plan.
