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NZDCAD on the 4h chart after the over-extended impulse started a retracement move. The market, after the 1st bearish leg , retraced at the weekly resistance where the 50% of the move stands. The move left some liquidity below the support area and we can look for a continuation of the retracement. How can i approach this scenario? I will wait for a possible break...
P (83.71) ; Channel Resistance || Candlestick wick high touched Pivot Point Level and Channel Resistance.
Pin Bar formed. Inside Candlestick formed.
my idea, nzdcad high probably , made nice range for a good time then broke out perfect sl above previous highs & the rest is history.
Double Top Formation indicates the trend reversal in 30 min TF Higher Highs and Lows Bullish Divergence found
Price action moving within a narrowing pennant pattern, subject to a breakout south!
Going short on the following pair because strong bearish indications still major support and resistance breakout required. DYOR
Presenting a buy call for going long in euro against nzd
NZDCHF pair is facing very strong 4h resistance level with formation a classic down trend (LH&LL)..expecting more down move from that level up to the next key level with good short trade with nice R/R ration...be safe...
EURNZD - Intraday - We look to Sell at 1.6898 (stop at 1.6938) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Bespoke resistance is located at 1.6900. Preferred trade is to...
#NZDJPY Rising Wedge Downside Breakout in Weekly Timeframe.. Expecting +1000-1200 PIPs Bearish Wave in Midterm..📉 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
NZDUSD - 20h expiry - We look to Sell at 0.6350 (stop at 0.6400) Previous support located at 0.6250. Previous resistance located at 0.6300. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6250 will confirm the bearish momentum. Our profit targets will be 0.6250 and 0.6210 Resistance: 0.6300 /...
Hi viewers, NZDCAD UPDATE, first analysis attached, bearish continuation in next days expected TP1: 0.84400 (80) TP2: 0.84100 (110) TP3: 0.83800 (140)
NZDUSD on the 4h chart after test of the 0.65000 area retraced to the weekly support. The market from there started a retracement move at the 0.382 where a Supply area can reject the price. How can i approach this scenario? According to Plancton's strategy IF the market will break below the lower support we will consider a nice short order ––– Follow the...
For background information, see related ideas - Strength evaluation is now taking place, however because event listeners are connected possibly in preparation for Buys, you should be careful of unexpected movements. Observe your DD! Reminder: Use caution when trading now more than ever before because significant movements are anticipated.
GBPNZD Sell! Selling ahead of break of 'Test of Strength' TL, see other posts on the pair in my profile! Heed your DD!
NZDCAD Entry Price 0.85802 Take Profit Price 0.86228