Hello Traders, If we get that 20ma break (yellow) then we could have a potential buying opportunity. However, if this does not happen you could potentially still enter the trade because the 1h timeframe all moving averages are below candlesticks. This could just mean we are on a slight rejection, before another continuation push toward the upside.
Hopes of further easing of China’s Zero-COVID stance keeps sentiment underpinned The positive risk tone continues to weigh on safe haven currencies, while high betas AUD and NZD lead the majors to the upside. Consequently, AUDJPY continues to test the 93.00 handle to the upside, while AUDUSD continues to grind above the 0.67 handle and NZDUSD above the 0.62...
Based on technical factors there is a Buy position in : 📊 GBPNZD 🔵 Buy Now 1.9296 🧯 Stop loss 1.91240 🏹 Target 1 1.9395 🏹 Target 2 1.9517 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Inverse Cup and Handle has formed on daily with not a great handle (but a Bear Rectangle) MAs all clustered which signals indecision with which direction it wants to go. There is clearly strong momentum to the downside and so the target is 1.8267 With the current tax issues in the UK since Liz Truss and the failing economy, investors are more wary with the pound...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for AUDNZD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
🔰You can see the analysis of the New Zealand dollar to Canadian dollar currency pair in the 30-minute time frame (NZDCAD_ 30min) 🔍🧨 💥Considering that the price has been able to break its up trend line🖤, if the price can reach the meeting point of the SUPPLY zone and the up trend line🖤 (pullback), it can fall to the DEMAND zone🔻 Do you think this analysis can be...
i am NZDCAD Short in D1 because there is rejection from trendline on a resistance + convergence + formula candle with high volume
Hey traders, NZDCHF reached a key daily structure resistance. The price formed a doji candle on that and dropped, then, forming a bearish engulfing candle. On 4H time frame, the price broke and closed below a support line of a rising parallel channel. Now, we see its retest. I expect a bearish move to 0.584 / 0.585 ❤️If you have any questions, please, ask...
This is for short term And this is risky too. Please DYOR before entering the trade.
With the price moving above the ichimoku cloud and ascending channel on the H4 chart, indicating a bullish market. Looking for a buy stop entry at 0.62044, where the previous swing high was. Stop loss will be set at 0.60872, where the previous swing low and 23.6% Fibonacci line is is. Take profit will be at 0.63525, where the 88% Fibonacci line is located. Any...
On the H1 time frame, prices are approaching the resistance zone at 0.6200, in line with the graphical support-turned-resistance level and 38.2% Fibonacci retracement. A pullback to the resistance zone at 0.6200 presents an opportunity to play the drop to the next support target at 0.61550 which coincides with the graphical support zone. Prices are holding below...
According to SMC , GBP/NZD is for short trade as following : ENTRY @ 1.93738 SL @ 1.94132 TP @ 1.92033 RRR IS 1:4.33 GOOD LUCK GUYS ...
Hello traders! ‼️ This is my analysis on GBPNZD . Here price is in consolidation phase, I expect we could see AMD pattern, after accumulation price could manipulate the range and then distribute lower. Like, comment and subscribe to be in touch with my content!
NZDJPY - 21h expiry - We look to Buy at 85.40 (stop at 84.75) Previous support located at 86.00. Previous resistance located at 86.50. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 86.50 will confirm the bullish momentum. Our profit targets will...
Good day everyone! Don't forget to put your thumbs up and write comment if you like the idea. NZDUSD sales 0.6240 and 0.6280. SL 0.6330. Risk 1%. Sale from monthly and weekly target area. In the week they came for a test of the upper edge of the balance sheet, and in the week for commercial interest for sale. First Target Standard, Global Target Return to...
Price has formed a rising wedge at a major resistance level and has just broken below the support trendline of the wedge pattern. Here is the play I am taking: Entry = 0.58607 SL = 0.59018 41 PIPS TP = 0.57200 140 PIPS+
EURNZD - Intraday - We look to Sell at 1.6827 (stop at 1.6867) Our short term bias remains negative. Preferred trade is to sell into rallies. 20 1day EMA is at 1.6827. Our profit targets will be 1.6727 and 1.6707 Resistance: 1.6740 / 1.6800 / 1.6830 Support: 1.6700 / 1.6670 / 1.6640 Risk Disclaimer The trade ideas beyond this page are for informational...