EURNZD broke and closed above a major horizontal supply cluster. Now the broken structure turned into a demand area. I believe that the pair will keep growing. The next resistance - 1.6865 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Market Structure: Ranging Market Area of Value: Breakout of Resistance Entry: Bullish candle above cloud. All confluences Exit if Right: Tranches in previous swing highs Exit if Wrong: Below the cloud RRR: 1:2
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis. Press like button if you enjoy this content 😊
#NZDJPY NZDJPY should be slightly SELL because the MARKET RISK is off now. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. Either way, NZDJPY should be LONG TERM DOWN. Anyway, the PRICE can go UP again on the NZDJPY...
Hey traders, NZDCAD broke and closed below a solid structure support yesterday. Retesting the broken structure, the price formed a head and shoulders pattern on 1H time frame. To short with a confirmation, watch 0.7893 - 0.7898 horizontal neckline. We need an hourly candle close below that to confirm the breakout. Then, short aggressively or on a...
formed a sideways/flag pattern in daily time frame why miss it when you see a clear price action Entry for long with days low as S.L Small profit but worth it, Some times Finishing the day with small Profit is nothing wrong. Broken the wedge pattern in daily TF
Hello Traders, The NZD.JPY has broken resistance level of 86.72. This pair has been sideways for a while. If price breaks 87.81 I will go long; however, this is something to wait and see what the price will do. the price can break to the upside or the downside; I'm waiting for price confirmation. Let me know your thoughts about his pair. Happy trading.
I'm thinking AN will go up to continue this broadening pattern. It just tested the 50 MA, that might act bouncy with a great force.
On the H4, with the price moving within the descending channel and below ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 0.59960, which is in line with the swing low and 61.8% fibonacci projection to the take profit at 0.59062, where the 100% fibonacci projection is. Alternatively, the price may rise to the stop loss at...
✅GBP_NZD broke the falling resistance So after the pullback and retest A move up is to be expected To retest the level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅A broken key structure level Reinforces our bearish bias on NZD_CAD And I believe the price is set to move lower To retest the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Here is my idea for a potential sell on EN. My theory here is simple and confluence is as follows. - 3rd touch of the trend line with previous rejection candles. - Rising wedge - 200 weekly EMA Should provide 50-100 pips, in out hello goodbye
Hello,Traders! NZD-CAD is trading in a downtrend And the pair made a breakout So a bearish continuation Is to be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! GBP-NZD broke the falling resistance Which makes me locally bullish biased So I think that after the pullback and retest We will see further growth Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
NZDCHF what we can see is that it is at a strong level and support. Considering that this pair is quite exhausted, buying this position is a small risk.
A bullish opportunity recently presented itself on the kiwi-loonie trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 0.79100 psychological level. A stop loss below the 0.79000 psychological level and a profit target anywhere between your entry and the swing high of 0.82534 could give you a reward-to-risk ratio...
Canadian Dollar/New Zealand Dollar is running near the important resistance line and resistance zone. I expect the Canadian Dollar/New Zealand Dollar will go down at least to the support line. Also, we can see the Regular Divergence (RD-) between MACD Indicator and Price. 🔅Canadian Dollar/New Zealand Dollar Analyze (CADNZD) Daily Timeframe⏰. Do not forget to...