Hello everyone, if you like the idea, do not forget to support with a like and follow. GBPNZD is sitting around strong resistance so we will be looking for sell setups. on H1: GBPNZD is forming a trendline in red, so we are waiting for a new swing low to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that...
Within the range I specified, it is great for low-risk purchases if it arrives
1) Strong support level 2)ichimoku cloud up 3)50 moving average below to candles 4)currency strength meter ( GBP strong and NZD week (4H)) 5) strong buy candles in 4H time frame I think GBP NZD prices will go up ( BUY tread )
hopefully can get some usefull feedback on this analysis...
Price is trading in a descending channel and near sell entry level of 0.68382 which is also 23.6% Fibonacci retracement and 100% Fibonacci projection. Price can potentially dip to the take profit level of 0.67048 which is also the graphical swing low level. Our bearish bias is supported by the stochastic indicator as it is near resistance level. Any opinions,...
GBPNZD great opportunity go short ratio 6:1 Potential fall up to from 1.9730 to 1.93300 , 50% of fibo
NZDJPY. Moved Stop Loss to 77.899. Target is still set to 78.651. Price stalled at 78.217. Price stalling at 78.217 is the reason for moving the stop loss. Also the two candlesticks with the wicks in a particular direction is the other reason for moving the stop loss. First Entry At Bullish Price Action Signal Second Entry At Bullish Price Action Signal
please supportus for more analyse thank you all we are TradingSalahAcademy
Merry Christmas to you all. Lookout for a good/decent move from this pair next week or the week afterwards. There is a huge probability that it will go even further than projected.
Sell position opened @1.97072 without stoploss. Pending sell order @1.97360 was nearly hit, but didnt. TP for the first order 1.96780
On a short-term 2H chart The price trends above the 200-day SMA and the price move all above the fibb reversal level. Moreover, on the 4H chart the pair currently uses the 50-day SMA as support level at 0.8725, which might instigate a strong bullish trend push from the buyers, and it reveals their active participation in the market, despite the holiday. So,...
Technical view on the market, which isn't an invitation to buy or sell, But only for learning purposes, sharing my thoughts and dragging your attention on this opportunity. Attention : Always use a proper risk management in trading. Be safe and trade responsibly Do not forget to FOLLOW me so you don't miss the upcoming analysis ✅
in this set up, i see a head and shoulder pattern, if we look at the 2H or 4H timeframe, we can see its still in the bearish trend, and thats why i decide to go short. please dont follow my set up blindly. im still a learner too.
Hello, Friends! After some time of sending us mixed signals NZD/JPY is finally giving us a solid bullish bias And judging by the price action at the lower timeframes The pair is about to go up! BUY! ✅LIKE AND COMMENT MY IDEAS✅
H4 time frame. Structure: The downtrend was broken at Key level 0.68300. Wait for the retest signal to confirm the uptrend, then you can find buying opportunities. Profit target is 0.70000 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
The price has hit a significant resistance and in the upper half, a bearish candle has formed. Also, the momentum of movement has decreased and shows the tendency of the price to fall. We are waiting for the break of the trend line and the small support that is a serious and very important drawing. After failure and confirmation, you can enter into a sale transaction.
1. 8/13 EMA daily timeframe crossover has triggered a bullish sentiment 2. Retracement of the previous swing is 0.786. 3. Current projected of is 100% of the previous swing pattern could be 3 or 5 wave move. MERRY CHRISTMAS AND A HAPPY NEW YEAR.
✅NZD_JPY has been going up recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance The price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅