GBPNZD reached a key horizontal structure support on Friday. The price formed a tiny double bottom pattern, approaching that. Its neckline was violated then and the pair is retesting that at the moment. I suppose that the market may bounce from the underlined blue area. Goals for buyers: 1.989 / 1.995 ❤️Please, support my work with like, thank you!❤️
We originally entered this short about two weeks ago, im layering the position with 0.85115 as stops and 0.83689 in sight for first partials. THIS IS NOT INVESTMENT ADVICE. DO YOUR OWN ANALYSIS
Pair is showing signs of exhaustion, there is an area of interest here that we may get strong reaction from. Looking for a short here with a 5:1 pr 7:1 return but will be trailing SL
Three divergences have been spotted at the current price level. The 30% and 50% fibonacci levels are two safe profit levels for this setup. Price may need to pullback to a recent level of strength or further.
Hi people welcome to Team Decrypters Analysis We did include DIFF PAIRS Over all Little correction of JPY PAIRS ( NZDJPY included in chart ) SIGNIFICANT IMPULSIVVE MOVE TO THE UPSIDE IN GBP USD SIGNIFICANT IMPULSIVVE MOVE TO THE UPSIDE IN EUR USD SIGNIFICANT IMPULSIVVE MOVE TO THE UPSIDE IN SILVER EXPERT OPINION FROM DECRYPTERS :- ALL THESE UP SIDE...
Waiting for a retest of 85.287 to long NZDJPY back to the daily swing high at 87.853 If you agree drop a like and if you have any questions leave a comment :)
Waiting for a retest of 2.00098 to short GBPNZD back to daily key level at 1.96751 If you agree drop a like and if you have any questions leave a comment :)
Hi, according to my analysis of the GBPNZD pair. There is a high probability of falling. With the bullish channel flag broken. The price is trying to retest the resistance area 1.01350. Although this area is the 61% Fibonacci retracement of the golden ratio. I wish you success in this transaction .Note: If you like this analysis, please give your opinion on...
Hey Traders, in tomorrow's trading session we are monitoring NZDUSD for a selling opportunity around 0.62700 zone, NZDUSD was trading in an uptrend and currently seems to be attempting to break it out, if we get dips below 0.62700 support we will look for a potential retrace of the trend towards more lows. Trade safe, Joe.
Currently within a 4h bullish channel. Thus far the market has made two drive and the wait is on the ultimate third touch to give us three drives, however, we have a 4h order block at 86.200. Should this order block be respected, the price will be delayed to give us the anticipated third touch. If this current price goes up a bit to mitigate the supply zone, then...
potential bearish entry Dow Theory in Place: Lower High and Lower Low Expected in Place The double top, coupled with bearish divergence (a bearish reversal pattern). The bullish trend is still intact; (be careful with your levels) Entry, SL, and TP levels are defined.
Like the strong pull back here on the 15m TF, looking to take this scalp as market entry
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: Here I expect bearish price action as we can see that price filled the 4H old imbalance and rejected from bearish order block + institutional big figure 87.000. Fundamental analysis: Next week we have news on NZD, will be released Cash Rate, that was forecasted to increase with 0.25%. Pay...
Ok, i need to stop posting NZDCAD ideas lol... tho the last one looking good and am holding long there on break of expanding wedge that developed on the 4hr into channel resistance leading me to think we could be finally about to break this bear channel to upside? retail positioning supports also. anyway this weekly chart clearly shows the bull flag and a...
According to economists, inflation in New Zealand is expected to remain high for an extended period, with increased government spending being a significant factor. While there are no current predictions for the next quarterly inflation figures due in July, the government is focused on maintaining fiscal sustainability and keeping inflation under control. As a...
EURNZD formed an inverted h&s pattern approaching a key horizontal structure support. The neckline of the pattern was broken just before the market closed. I will expect a pullback on Monday. Goals: 1.7255 / 1.7279 ❤️Please, support my work with like, thank you!❤️
✅NZD_CAD will soon retest a key resistance level of 0.853 So I think that the pair will make a pullback And go down to retest the demand level below at 0.846 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅