Wait for retest and look for short positions on GBPNZD you can hold till month end just be monitoring please this is not financial advice do your own due diligence
After a fresh multi-year low in October/November low at 1.61000, the PA came rushing back on the backend of Omicron fears.. Only to establish a lower high on the monthly timeframe with a 61.8 Fib confluence. 1.66000 key level is acting as a major inflection point for this pair to continue downward pressure.
Looking for a retrace at support for a 15min double bottom Taking it to the 1840 level Possibly my last trade of the year. Wish us luck 🤞🏿🤑🤞🏿
double top at the strong resistance zone + short term trend just broke down ... targets are the the yellow lines on the chart and move your SL
Here is our today's forecast on NZDCHF. Our analysis is based on current market fundamental sentiment. According to our chart NZDCHF reached a strong demand zone. Based on our outlook the price will accumulate to the next resistance level. Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
Here is our technical outlook for NZDJPY. Our analysis is based on current market fundamental sentiment. According to our drawing NZDJPY is trading within a support. Based on our view the market will rise. Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️
NZDUSD on the daily chart reached as expected the support area. The price is now testing a dynamic support and according to Plancton's strategy IF the price will break below and satisfy the ACADEMY conditions we will set a nice short order. ––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
Hello, Friends! After some time of sending us mixed signals NZD/CHF 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!
Very cute bearish accumulation pattern on NZDCAD pair on a weekly. The pair set two lower highs in a row respecting the same horizontal support area. Such a formation is called a descending triangle formation. Your trigger to short the market is a bearish breakout of the underlined support cluster to the downside. You need at least a weekly candle close below...
Analysis on #NZDJPY The market did break its previous structure low looking left, but it did not yet come to test the next support level that why will believe there is still more room to the downside. if the market comes and tests my weekly and daily support level also demands zone I will then look drop one-time frame looking for a reversal pattern to get a...
Traders can wait for the daily candlestick confirmation for a better chance of downward momentum but GBPNZD reaching key area of resistance and expecting fall downwards, RSI hit 70 on daily. R:R 2:1 GL
good swing moment is detected hope it will make a double bottom after reversing wait for breakout or enter in top
Taking a look at the NZDCAD chart, we've broken a key level of support, now re-testing the level. If we fail here and continue to the downside there's a decent price gap to our next target. In the video we take a look at how we can enter, manage risk and potentially capitalise on the opportunity. This is not financial advice, trading the currency markets carries a...
NZD is fundamentally Bullish, With Risk On Sentiment it is very atteractive for going long on NZD , and Selling EURNZD
NZD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the RBNZ The RBNZ underwhelmed some market participants who were looking for a 50bsp hike as the bank only delivered on a 25bsp hike as consensus was expecting. Even though the NZD took a plunge after the meeting, we don’t think markets are really giving NZD the upside it deserves after the Nov...
EUR FUNDAMENTAL BIAS: BEARISH 1. The Monetary Policy outlook for the ECB In Oct the ECB didn’t offer new info on policy or forward guidance. Inflation was the biggest talking point among the GC. The bank acknowledged price pressures will be higher and last longer than previously anticipated. But also reiterated that CPI will move back below their 2% target in...
Hello Traders AUD/NZD aiming for a long rally. Here is why: -Price bounced twice from big support structure and retraced(fib:0.236) last weave. -Bullish Bat Pattern has been completed. -RSI downward Trendline is broken. -We can see same Bullish engulfing patterns. -Broken downward Trendlines. Thanks for Reading Team Fortuna -RC
Hello,Traders! GBP-NZD is retesting a horizontal resistance And IF we see some reversal signals I would be expecting a bearish reaction Towards the local support below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!