Nzdchf from approaching Daily Resistance level. expecting a sell down to continue the bearish Trend
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.85300 zone, NZDCAD is trading in a downtrend and currently in a correction phase in which it is approaching the major trend at 0.85300 support and resistance zone. Trade safe, Joe.
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The previous week we sold NZDJPY and earned almost 200 pips. There is a similar setup here today. 1) H4 has been overbought once and it has gone overbought again. 2) There is really good H1 divergence (10 points) 3) We are the weekly high 4) There is a H1 sell pattern 5) There is a M15 sell pattern. Hoping for at least 100 pips on this.
NZDJPY set a new higher high higher close on a daily, violating a solid horizontal structure resistance. The broken structure and a trend line now compose a contracting zone of demand. I will expect a bullish move from that. Goals: 89.6 / 87.55 ❤️Please, support my work with like, thank you!❤️
#NZDCAD sell at now price sl 0.845 tp1 0.8332 tp2 0.8265 tp3 0.82
Simple bearish setup on the FX:NZDCAD pair, from the technical point of view, the formation of a harmonic structure on hourly chart is possible. This setup has high risk of failure but at the same time we have a good Risk/Return ratio. Trade with care! 🚀 Like if my analysis is useful. Cheers!
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.62400 zone, in above chart we have a break out of NZDUSD trend due to USD strength over commodities, currently we will be watching a potential retrace of the trend from 0.62400 resistance. Trade safe, Joe.
EURNZD - 24h expiry Our short-term bias remains negative. The lack of interest is a concern for bulls. Previous resistance is located at 1.7440. We look for a temporary move higher. 50 4-hour EMA is at 1.7420. We look to Sell at 1.7447 (stop at 1.7517) Our profit targets will be 1.7267 and 1.7227 Resistance: 1.7350 / 1.7400 / 1.7440 Support: 1.7305 /...
NZDCAD has formed a bullish structure since Tuesday, May 16th. Currently, we have a price that has established a demand zone around the 0.84 level, creating a bullish setup highlighted in yellow around 0.842. The objective is to enter a long trade with a target of 0.85. Let me know your thoughts. Happy trading to everyone.
NZD/JPY has reached the upper trend line of the channel. If price action is bearish at this level, then we can expect a fall to the lower trend line. A bullish break above the upper trend line would render this scenario invalid.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern and coupled with bullish divergence at potential reversal zone (PZR) Entry, SL & TP Levels are defined.
The CHF always has the power of the market, but today the gaps did not allow the CHF to have such an opportunity and this currency has predicted the way to rise. TP is UP to 0.56612
Yesterday, GBP/NZD experienced a pullback around the 1.99000 area, which coincided with the 61.8% Fibonacci retracement level. Additionally, there was a divergence observed on the RSI indicator, suggesting that the price is poised to resume its upward movement with a new bullish impulse. As a result, we are currently seeking a long setup for this currency pair.
Short term potential swing trade. Targetting 1:1.5 RR. Numerics trading plan and system confirmation forward testing. NZDJPY +7 points -72.80%
it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
The NZD/JPY pair has seen a moderate uptick on Monday, with the Kiwi currency gaining some ground against the Japanese Yen. However, the current upward momentum of the pair lacks significant bullish conviction, indicating some underlying uncertainty among investors. A positive risk tone in the market has been a key factor driving the NZD/JPY pair higher. The...
Price looked to be breaking through support then potentially re-testing for a further drop down - am neutral atm, however watching this expanding pattern unfold for direction. retail were VERY LONG the pair at one point up until this morning when they flipped net Short (like 70% according to my source)... so upside 'could' be coming there is a BIG bull flag...