Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.63 zone, NZDUSD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.63 support and resistance zone. Trade safe, Joe.
just journalling my back tests, this is not financial advice trade short idea using the asian range to get a potential manipulation of the highs during london open to then go on and manipulate the lows of the london range also breaking structure to the downside causing a potential trend reversal
Hello traders! ‼️ This is my perspective on NZDCHF. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block. My target is sell stop liquidity. Fundamental analysis: Tomorrow will be released Unemployment Rate on...
NZDCAD is one of my favourite longs. Slow and steady. Not like the crazy volatility in the JPY weakness last week or today's spike in AUD strenght. NZDCAD is in a flag upwards. I just need to keep it tight, maybe around 50 pips & only 1 trade. Might be able to short it once in a while when it is range mode but my preferred trade is still the long side.
we like a short here intraday. not advice. we would like to see 38%-50% retracement of previous low. Potential 5 wave pattern spotted.
The main trend is bullish, but at the same time, the pair could trigger some corrective structure in the short term. If this idea is correct, it is possible for ABC Patterns to appear on hourly chart. Note: Updates will follow below. Trade with care! Like if my analysis is useful. Cheers!
A bearish Bearish Harmonic Bat found on NZDCAD targeting the prices highlighted on the right.
On NZD/JPY is nice to see strong buying reaction from the price 83.230 and 83.692 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Volume cluster are...
Waiting for the next impulse wave the price inside a correction channel
We can go short after break of 0.83440 with bearish volume candle, sl would be previous swing high, we can expect the target 1:2
In Daily time frame, price just sweeps the SSL and formed SMT, then go up, we already in from last week. If not in, watch for the bearish trendline to break indicating that we're in wave 2 retracement (correction). The lower the correction goes, the better as we've got a strict invalidation level to work with
NZDUSD - 24h expiry - Previous support located at 0.6150. Previous resistance located at 0.6175. Price action looks to be forming a bottom. Short term momentum is bullish. Risk/Reward would be poor to call a buy from current levels. A move through 0.6175 will confirm the bullish momentum. We look to Buy at 0.6145 (stop at 0.6105) Our profit targets will...
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell NZDCAD. ❤️ Please, support our work with like & comment! ❤️
✅NZD_CAD is trading in a Rising wedge and retested A resistance of 0.842 So I think that IF we see A breakout then I think It will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅ NZDJPY is trading in the range. The price reaction again indicates a confirmation of the resistance area. The chart pulls back from the current level. ✅ 🚀 SELL scenario: short to 84.122 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
My dear subscribers , This is my opinion on the NZD/JPY next move: The market is trading on 84.777 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Target - 85.684 My Stop Loss - 84.309 About Used Indicators: For more efficient...
✅NZD_JPY went up after the Breakout of the key level just As I predicted in my previous Analysis but now the pair Is approaching a horizontal Resistance level at 85.2 From where I think a Pullback and a correction Will follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Based on the analysis, the NZD JPY is forming a bearish candle after reaching the level of previous higher high. It could lead to a double top pattern, indicating that that it is likely to reverse its trend. Additionally, there is a divergence being formed on the Relative Strength Index (RSI), which further confirms the potential for a reversal. The neck line...