I expect continuation of downtrend from OB and base of R-B-D Entry: 1.9402 SL: 1.9444 TP: 1.9070
Flag pattern was observed on h1 chart. As per the trend analysis it will be a potential sell opportunity on NZDCAD FX:NZDCAD
GBPNZD - Intraday - We look to Buy at 1.9250 (stop at 1.9140) Previous support located at 1.9350. Previous resistance located at 1.9400. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.9250, resulting in improved risk/reward. A move through 1.9400 will confirm the bullish momentum. Our profit targets will be 1.9475...
The Analysis of NZD/CAD sees the New Zealand currency in a deep downtrend with lower highs and lower lows into a bearish channel. The price rebound the 50% Fibo in H4 and is ready to drop again breaking a local trendline. Our view's bearish.
Good Morning traders. Today I'll analyze NZD/USD. Price it's inside a bearish channel was touched 3 times the dynamic resistance in confluence with the level 61.8 into the range of price between 0.63000 and 0.62500. We can see a bearish pattern formation, Head and shoulder. Our bias's short.
Hello traders! ⁉️This is my analysis on GBPNZD . Here we are in a bearish market structure, so I am looking only for shorts. I expect to continue the retracement and the rejection from bearish orderblock + institutional big figure 1.94000 for a short position. Like, comment and subscribe to be in touch with my content!
GBPNZD alert has just presented. Reversal trade identified and entered. Trade is moving already. Working 20M timeframe. Trade details can be found on the chart in red label. Trade box is tracking the trade. Fancy knowing how I identified this trade you know what to do. Thanks for looking Darren🙌
A short trade in 45 minutes The overall trend is down, so I will only focus on short trades I set my order on the supply area so that the price activates after modifying my order.
NZDCAD - Buy Long - Ascending Parallel Channel for NZDCAD, price is at bottom of channel, could be good RR to buy now.
NZD JPY SHORT price action support and resistance wave s momemtum
There is a range centered at a support level, the price may reverse and rise to the next resistance level
So it turned out that NZDCAD formed an inverted head & shoulders pattern on a daily. The price has easily broken and closed above its neckline. I believe that it will initiate a strong bullish movement. The initial target will be based on a falling trend line. The second target is horizontal structure based - 0.8168. ❤️If you have any questions, please, ask...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
hello everyone x) looking at the higher time frames, nzd/chf is looking pretty bearish, broke past a 4-hour uptrend as well as also crossed 20/50/100 moving averages suggesting selling power. 1-hour bearish engulfing candlestick closure to confirm the entry. Both currencies are being slightly bought by the hedge funds but I believe this trade has a good potential...
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.625 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
GBP/NZD more sell according to the wave count. All corrections have been done so we proceed to big WAVE 3 and 4. We traders should follow the descending channel in the lower time frame if we want to enter the market. Good luck. Don't forget to leave your comment below
✅NZD_CAD is going up now But a strong resistance level is ahead Thus I am expecting a pullback And a move down towards the target SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZDCAD / 4H Hello traders, welcome back to another market breakdown. NZDCAD is trading in a down trend, as a trend following strategy, traders will look to sell sencond leg pull-backs, trend lines... Chekout the chart for what I'm waiting for. Trade safe, Trader Leo.