Update! Ok cool, looks like a Head and Shoulders pattern has been located where the circles are. The orange arrow shows price climbing on declining bull volume. Mac D is on top side. RSI is overbought and also could be creating a double top with a lower high which could be bearish divergence. Let's see if test the previous low RSI level. Price could continue to...
Hello traders! ‼️ This is my analysis on NZDCAD . Here we are in a bearish market structure, so I am looking only for shorts. We can see that price started the sell-off, I will look for a short if price retraces a little bit. Like, comment and subscribe to be in touch with my content!
✅NZD_CHF has retested a key support level And as the pair is already making a bullish rebound A move up to retest the supply level above is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
I can't lie....I'm glad this trade working out. However, I am now candle watching on the 1 and 4 hour to see how much juice this pair has left. I don't see any decline in volume even with us being at overbought levels on the RSI. The macd is just now crossing the zero line on the 4 hour timeframe. Resistance has barely been met but is close. Would love to see...
If you saw my current outlook on the DXY, this pair could have some more room to go down if sentiment holds true. I exited this trade earlier today with 60 pips and wanted to play it safe when the market started pulling back. However, this one of my 4 tickers I trade so an update needs to happen. The RSI is not OS just yet but is close. MacD still on top side and...
NZDUSD - 21h expiry - We look to Buy at 0.5625 (stop at 0.5550) Previous support located at 0.5625. Previous resistance located at 0.5700. Indecisive price action has resulted in sideways congestion on the daily chart. Risk/Reward would be poor to call a buy from current levels. A move through 0.5700 will confirm the bullish momentum. Our profit targets...
On NZD/CAD is nice to see strong buying reaction from the price 0.77270 , 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... Strong volume area + Uptrend is my...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.5575). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.5575). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
NZD / USD ( New Zealand Dollar / U.S Dollar ) Time Frame - H2 Corrective Structure " BULLISH CHANNEL " in Long Time Frame #LTF Possible Rejection from the Demand Zone ( 0.56547 - 0.56492 ) Break of Structure #BOS with Complete CHOCH Buying Divergence in #RSI Symmetrical Triangle in Short Time Frame #STF
EURNZD - 11h expiry - We look to Sell at 1.7319 (stop at 1.7366) Short term bias has turned negative. Short term MACD has turned negative. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 1.7188 and 1.7168 Resistance: 1.7200 / 1.7240 / 1.7320 Support: 1.7130 / 1.7100 / 1.7060 Risk Disclaimer The...
EURNZD reached a peculiar confluence zone after the market opening. I spotted a perfect intersection between a horizontal daily structure support and a minor falling trend line on 1H. The price perfectly respected that. I believe the pair will keep growing. Goals: 1.7238 / 1.7312 ❤️If you have any questions, please, ask me in the comment section. Please,...
Hello Traders!!!! NZDCAD has been on a really long term downtrend for some weeks now and we have remained bearish with our overall bias and of recent we have not seen a change in direction yet. So that being said we spotted a Supply zone from which price should fall from to create a lower low in suppport of our overall trend which I just marked up. Happy New...
NZDUSD like NZDCAD in my earlier analysis had been on a downtrend as well with so much correlation and we can spot that they both are reacting from the same supply zone which gives us a stronger confluence for a sell at this point. So that being said we have marked out our zone a we are looking to see the market fall from there to create a new lower...
Hello traders! ‼️ This is my analysis on GBPNZD Here price is at support zone, so I have 2 scenarios, price could reject from here or if breaks out I will look for shorts after a re-test. Like, comment and subscribe to be in touch with my content!
Hello,Traders! GBP-NZD is retesting a horizontal Support level so despite my Mixed bias on the pair I think that there is a chance To see a bullish rebound And a local move up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅GBP_NZD retested the strong support level After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
I'm waiting for the Bearish Bat setup within the NZDJPY that enable me to engage a shorting opportunity at 86.25; however, if the market slide towards 84.30, it does offer a buying opportunity after the completion of the Bullish Gartley Pattern. Both Bat Pattern and Gartley Pattern are the usual Harmonic Patterns that I am comfortable engaging.