A Bearish Bat Pattern completes at 81.58 as a trend trading setup. The setup happens near the sell zone and it is a perfect setup for trend traders. Even with that, we shouldn't overlook the importance of candlestick pattern confirmation within the PRZ zone.
NZD FUNDAMENTAL BIAS: BULLISH 1. Monetary Policy At their April meeting the RBNZ surprise economists but not STIR markets by delivering a 50bsp hike, taking the OCR to 1.50%. The bank stressed, like most others, that inflation is a concern and that they will ensure that higher price pressures don’t become embedded in longer-term inflation expectations. The...
With the H4 and D1 trend Harmonic pattern on M15 1st Target is 80.184 Stop-loss above 82.214
Are you looking for a potential buy trade on GBPNZD? If so, then you'll want to take a look at the Fibonacci tool. This nifty little tool can help you identify key support and resistance levels, which can then give you an idea as to where the market might be heading. In the case of GBPNZD, it looks like the market is currently testing a key resistance level. So,...
Hey traders, in the coming week we are monitoring NZDCAD for a long term selling opportunity around 0.82 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
✅NZD_CHF fell down sharply But a strong support level was hit Thus as a rebound is already happening A move up towards the target shall follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-CAD is trading in a downtrend But I think that the pair is already oversold Thus when the pair retest the support below I will be expecting a bullish correction And a move up towards the target above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
💬 What do you think? 💬 Everything I share is how I trade personally. 😉 Enter the trade by checking yourself.☑️ Do not put more than 2% of your capital at risk! ❌
EurNzd has formed the Reversal Wedge, now we are also seeing the break, we have to wait until the day candle manages to close over the area 1.5980, if the daily candle closes over the area, we can wait for a small return, and we can go buy. Buy position from: 1.5980 and 1.6000 Stop loss: 1.5860 Target reward 1x2.7 at 1.630
Today we are buy for NzdJpy and just today this position is active after you get good reward will close
Hello,Friends! We can see that NZDJPY is about to go up Based on the current price action Overall the market sentiment is bullish right now And I can see smart money entering longs So we will buy too! Like and subscribe and comment my ideas if you enjoy them!
⛔️ NZD FEATURE is currently DOWN. The main reason for that is because MARKET RISK OFF. Again it should be UP. Because it has been reported that RNZD will perform a RATE HIKE again. Therefore, it is likely to be a SENTIMENT PRICE in the future. However, the DOWN TREND is still declining due to the current market situation. The NZD FEATURE stands at 0.6250...
In this update, we review the recent price action in GBPNZD and identify the next high probability trading strategy and price objectives to target
In this update, we review the recent price action in NZDCAD and identify the next high probability trade location and price objectives to target
Hey traders, After a strong bearish rally, it looks like NZDJPY is reversing: the price formed a double bottom formation and then broke a resistance line of a falling parallel channel. I believe that the pair can go higher now. Goals: 81.25 82.7 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
✅GBP_NZD is trading in an opening wedge And the pair will soon retest the resistance From where I am expecting a move down Towards the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
- NZD/CAD has a nice overall move towards the downside on multiple time frames. - We are seeing bearish pressure on a recent bearish engulfing candle formation on the 4-hour time frame & it made a new low on the 1-hour. - There is not much big news today that might have a huge impact on the overall trade direction as hedge funds are still showing that NZD is being...