>G/N coming down off a strong supply block; >previous downside move was support with heavy selling pressure. >V-shaped recovery expected to terminate from this level. > Risk to reward is favorable; Target lowest low. Technical market sentiment is strong bearish on macro timeframes.
Prics are consolidating in a triangle and abiding by an ascending trendline. We see the potential for a bounce from our Buy Entry at 0.86503 in line with 78.6% Fibonacci Retracement . Prices are trading above our ichimoku cloud . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided...
Prics are consolidating in a triangle and abiding by an ascending trendline. We see the potential for a bounce from our Buy Entry at 0.86503 in line with 78.6% Fibonacci Retracement. Prices are trading above our ichimoku cloud. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided...
GBPNZD LONG - Buy Entry - D1 Chart Buy @ Market Symbol: GBPNZD Timeframe: D1 Type: BUY Entry Price: Buy @ Market Resistance @ 2.02900 Resistance @ 1.97203 Pivot Point Yearly @ 1.94846 Resistance @ 1.91244 Support @ 1.88625 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions,...
Hey Traders, Today we're going to look into GBPNZD. I took a trade which resulted in a 4.5 risk reward ratio. The beauty of this trade is I called it right here on the tradingview ideas page yesterday. I put up a great British pound/New Zealand Dollar idea, spoke about it and said exactly what I'll be looking for in order for me to enter and we actually had...
Seems like we've broken out of the Leading Diagonal or Ending Diagonal trend line Reasonable Long position to expect a retracement (to the upside) to fair value at around 0.5 Fibonacci Retracement, as Wave B or Wave 2
The AUD/NZD has been steadily advancing towards the previous higher high. This week or next week, I expect it to set a new higher high. Although I may be a little early, I will increase the size as I keep a careful eye on this.
Let’s discuss the price chart of the NZDJPY currency pair based on the 480 minute timeframe. From the Elliott Wave perspective, the price has likely completed Wave (4) with a 23% Fib retracement of the Wave (3). This is a typical retracement level when Wave (3) is extended by more than 161%, which is the case here. From the Hurst Cycles perspective, the...
Confluences on the screen Actually reversed my short term bias on NZD because I got stopped out of my long position. Took a step away and looked at what price was telling me and I seen enough confirmation for me to switch my bias and short price. Entry: 0.69430 SL: 30 pips TP: 0.68500
NZDCAD trading in a downtrend line price rebounded from the key level around 0.8720 price below SMA 100 MACD shows the start of bearish momentum RSI below 50 if the price breaks the uptrend line it will confirm bearish movement to support level around 0.8520
GBPAUD - LONG Why are we entering? - - Approaching major support level - Expecting GBP strength and NZD Weakness = GBPNZD LONG. What are we waiting for to happen? - bounce off the recent support - Break of WFB trendline What is our confirmation? - Bounce off one of the levels mentioned -, where will our Stoploss be? - Below the area where price bounces off
Hello, Friends! Anyone who looks at the chart of GBP/NZD today Can tell that bears will win this battle So we are opening a short position! SELL! ✅LIKE AND COMMENT MY IDEAS✅
Looking at EURNZD on 15M Currently looking for long/buy position We looking for possible formation of the reaction phase
On the H4, with price expected to bounce off the support of the ichimoku cloud , we have a bias that price will rise to our 1st resistance at 0.6981 in line with the swing high resistance from our pivot of 0.69249 in line with the 100% Fibonacci projection , 38.2% Fibonacci retracement and 78.6% Fibonacci retracement . Alternatively, price may break pivot...
On the H4, with price expected to bounce off the support of the ichimoku cloud, we have a bias that price will rise to our 1st resistance at 0.6981 in line with the swing high resistance from our pivot of 0.69249 in line with the 100% Fibonacci projection, 38.2% Fibonacci retracement and 78.6% Fibonacci retracement. Alternatively, price may break pivot structure...
NZD/USD Price Analysis: Crucial resistance of 0.7000, downside looks likely Confluence of psychological resistance of 0.7000 indicates the strength of bears. Kiwi bulls have surrendered their establishment above 61.8% Fibo retracement. The momentum oscillator RSI (14) seems losing its momentum after dropping below 60.00. The NZD/USD pair has displayed multiple...
IN this update we review the recent price action in the NZDCAD and identify the next high probability trading opportunity and price objective to target.
NZDCAD has been trading in ascending triangle for more than 2 weeks. Recently price has taken the support from rising trendline and heading towards sellers zone again. We remain watchful on the sellers zone, where two break above or below is possible. Trade your levels accordingly