#GBPNZD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
✅TP - green lines ❌SL - red line Entry - yellow line Original Analysis GBPNZD Rising Wedge identified at 22-Apr-14:00 2022 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.94711 within the next couple days. Support Levels 1.9148 Resistance Levels 1.9473 This does not constitute investment advice and...
✅TP - green lines ❌SL -red line EP - start of yellow line Original Analysis Channel Down identified at 20-Apr-16:45 2022 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.92462 within the next 9 hours. Support Levels 1.915 Resistance Levels 1.9246 This does not constitute investment advice and does...
We are evaluating another investment opportunity and looking at shorting NZDCAD by taking advantage of the current conditions. What we will be looking as a trading idea is the following: NZDCAD SELL @ 0.84570 TP: 0.83969 SL: 0.84882
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
NZDCAD formed a bullish reversal 3 drive pattern price above the key level around 0.8450 RSI broke the downtrend line above 50 MACD shows bullish momentum so it's expected bullish movement to resistance level around 0.8560
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6398). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF 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 (0.6398). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF 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...
With the identification of a reversal structure on the daily time frame coupled with a linear bullish momentum on the 4H time; I am left with no choice but to consider a bullish expectation on the GBPNZD. In this regard, the key level at 1.93 shall be our guide to taking a buy position as we look forward to a breakout/retest of this level for signal and...
I already shorted NZDCAD yesterday on a retest of a key level. Today we have one more setup to trade: the price formed a head and shoulders pattern and broke its neckline. After its retest, I will expect a bearish move to 0.8426 level. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
I'm using my own coded sophisticated program to catch trades and its really hard to explain that here for me. So I'm simplifying the trade idea to publish here. I think its time to retrace back to 1.98 area on GBPNZD Lets see if it works again.
Breaking the strong support line.If yoy note 15 minutes chart,you can see the price line cross the support line meaning a short chance is recognized.
Price broke out and retested the consolidation zone. This is a perfect entry for a sell.
analysis on why i took NZDCAD sell on 04/21 9:00pm
Nzdcad sell 9:00 pm entry Weekly : bearish downtrend under 50 ma Daily: downtrend, bearish engulfing and break and retest of 8.500 resistance level 4hr: downtrend, last 4hr candle closed bearish 1hr: downtrend, testing 50 MA fibonacci
NZDCHF has given a breakout from falling parallel channel and looks very strong as pair is printing higher highs and higher lows. One can adopt buy on dip strategy. Recent price is approaching to the support zone. Trade your levels accordingly.
Downside targets highlighted - with multiple targets in between. This is just an forecast - real entries will be based off H4 or H1. We can have targets in between around 85.500, 85.000 then potentially 84.000-83.000. Entries are based off PA. More conservative stops will be above 88.000.