Just make sure to follow the trend. With a weekly that is bullish, and a visible daily trend-line, the best thing to do is wait for price to come to that trend-line. A good trade if we see rejection occurring on a lower time-frame.
NZDUSD after our previous analysis reached the 0.61 support area. The price created a potential inverse Head & Shoulders pattern with 2 right shoulders that have higher lows. The pairs has now broken the neckline and some more buying pressure can be seen at the EU or US market open. How can i approach this scenario? I will wait for a potential test of the...
📌📌 Signal Sell GBPNZD 📌📌 Link : 📍📍Open order 1.966 Sell lim 1 1.9695 Sell lim 2 1.973 Sell lim 3 1.977 Sell lim 4 1.981 Sell lim 5 1.985 Sell lim 6 1.989 Tp 1.951 Sl 1.996 Warning !!! (Swing trade must be use pending orders) !!!Pending orders should be set up lot size step by step Example (15,000$) Open order 0.1 lot Sell lim 1 0.15 lot Sell lim 2 0.20...
The NZDUSD pair has completed a head and shoulders pattern on the daily timeframe, with two bullish engulfing candlestick patterns appearing in the last shoulder, indicating strong momentum pushing the price higher. On the 4-hour timeframe, we can see that the price has broken out of the downtrend and failed to make any lower lows, supporting our view that the...
NZDUSD - 18h expiry - We look to Buy at 0.6145 (stop at 0.6083) Previous support located at 0.6200. Previous resistance located at 0.6250. The trend of higher lows is located at 0.6100. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 0.6250 will confirm the bullish momentum. Our profit targets will be...
NZDJPY - 19h expiry - We look to Buy at 81.75 (stop at 81.00) Previous support located at 82.00. Previous resistance located at 82.50. Price action has continued to trend strongly lower and has stalled at the previous support near 81.50. Price action looks to be forming a bottom. Dips continue to attract buyers. Our profit targets will be 83.25 and 83.50...
EURNZD - 19h expiry - We look to Sell at 1.7373 (stop at 1.7423) Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Bearish divergence is expected to cap gains. We look for a temporary move higher. Preferred...
Short CBO to the weekly lows Daily is making LL / LW following the daily 50ema as well.
Placed an order to short the pair at $1.9730 a few days ago, it was filled today (maybe overnight). My target is $1.95 I already placed a buy order at $1.95 to close the position.
I am seeing GBPNZD will move in its sideway (4H timeframe) and will meet its resistance from the trendline at +-2.002. I will suggest started seeing the rejection in the resistance area and prepare SHORT position with stop loss of the previous high (2.034) and target price (1.888)
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61800 zone, NZDUSD is trading in an uptrend and extending pullbacks seem to be approaching the major trend around 0.61800 support and resistance zone. Fundamentally we are coming across a big event today. Market is expecting fed to pivot which should be bearish for...
Weekly, Daily bearish, daily trendline. On the 4hoursm there is an impulse move. And it is normal that after an impulse there is a retracement. there is a confluence of the 78.6 fibs and trendline. If price can retrace to that area that will be a trade to take.
NZDJPY will sweep liquidity before dropping. Sell!
GBPNZD formed a huge ascending triangle formation on a daily time frame. Its neckline was broken yesterday. Probabilities are high that the price will grow now. Goal - 1.998 ❤️Please, support my work with like, thank you!❤️
I am seeing that there is potential reversal for NZDCAD and NZDCAD will touch the bullish trendlind from 4H timeframe soon. We should start prepare to open position for Buy if there is any rejection .
NZDJPY - 24h expiry - We look to Buy at 81.50 (stop at 80.95) Previous support located at 81.40. Previous resistance located at 82.00. Price action has stalled at good support levels and currently trades just above here (81.40). Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 82.00 will...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPNZD is has been overall bullish trading inside the rising red channel, however it is currently approaching the upper red trendline. So we will be looking for sell setups. Moreover, the green zone is a strong supply. 🏹 So the highlighted purple circle is a strong area...
👩🏽💻Technical: Monthly price action is stuck between two MAs, trending inside a weekly channel, and trying to break the daily lower channel trend. A similar scenario is happening on the 4-hour chart, suggesting some bearish bias in the market. 🎯 For an ideal entry: My suggestions would be to exercise patience and wait until the price has successfully broken...