✅NZD_JPY is falling in a downtrend And the pair broke a support level That means, the the pair is ready to fall further So I suggest we wait for a pullback and a retest Of the broken level, after that I will be expecting The price to fall to the next support! SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. Oftentimes, traders watch for a move below the lower support trend line because it suggests that the downward momentum. the pair is...
Hey this pair has been facing alot of selling, a major trend reversal should be coming soon, but big 4 hour red candles have occurred for NZUSD, AUDUSD, GBPUSD, these pairs should be moving higher on Sunday for at least a day trade. Stop can be placed a few pips below close.
Hello,Traders! NZD-CHF is trading in a downtrend And the pair broke a strong key support level today Which makes me bearish on the pair And as the price is now stuck below a resistance cluster I think the we will see further move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hey traders, Here is our forecast on NZDCHF. The level where the price is trading right now is decent and the price will most likely retrace from that. Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️
For more expert daily analysis, go ahead and click on the follow button! Here we have another CAD pair. We are now returning to KEY support zones where price has been rejected previously. There is buying power here and we are looking to move further back towards our MA's at the current oversold price.
Shorted NZDCAD here After liquidity grab and H4 POI Target 1:4 RR
●● Preferred count ● NZDUSD (IDC): 🕐1 M As expected back in the distant 2019 , after the completion of the double zigzag , growth followed, presumably within the third wave of the ending diagonal c of (IV) . _______________________________________ ● NZDUSD (SAXO): 🕐 1D Primary wave ③ is likely to show a double zigzag shape (W) - (X) - ...
After noticing that there may be a Wyckoff Accumulation schematic taking place on the 30 minute chart as seen in my previous post, I have just seen that there could be a possibility of a Daily one forming as well!! We are still very early on in the price action, but if this plays out then it could be huge! Please feel free to leave a like and let me know what...
Now, I am very new to Wyckoff, so i could be completely wrong here. But, to me it looks like we could be going through a Wyckoff Accumulation Schematic to gather liquidity before a big move up! As we have forecasted this for the New Zealand Dollar as well, this could add confluence to the possibility of a big move coming! Please feel free to leave any comments...
GBPNZD - Potential crab forming. Very deep weekly pullback, price is sitting in a strong supply zone, trading away from the weekly high, I'm expecting the weekly downtrend to continue. ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking...
Buy: USD / CAD SL @ 0.61974 TP @ 0.63200 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
Price is currently at the graphical overlap support on the daily. We can expect price to make a small bounce from the pivot level in line with 78.6% Fibonacci projection towards take profit level in line with 23.6% Fibonacci retracement and 100% Fibonacci projection . Our short term bias is further supported by the bullish divergence spotted on the RSI . Any...
EURNZD - Intraday - We look to Sell a break of 1.6498 (stop at 1.6528) Prices have reacted from 1.6690. A break of the recent low at 1.6510 should result in a further move lower. A break of 1.6500 is needed to confirm follow through negative momentum. We look for losses to be extended today. Our profit targets will be 1.6411 and 1.6391 Resistance: 1.6570...
EURNZD - Intraday - We look to Sell a break of 1.6488 (stop at 1.6517) We are trading at overbought extremes. A break of 1.6490 is needed to confirm follow through negative momentum. A higher correction is expected. Our profit targets will be 1.6402 and 1.6382 Resistance: 1.6530 / 1.6570 / 1.6600 Support: 1.6500 / 1.6470 / 1.6430
Price is currently at the graphical overlap support on the daily. We can expect price to make a small bounce from the pivot level in line with 78.6% Fibonacci projection towards take profit level in line with 23.6% Fibonacci retracement and 100% Fibonacci projection. Our short term bias is further supported by the bullish divergence spotted on the RSI. Any...
H1 time frame. Structure: Downtrend. After forming a double top reversal pattern with divergence signal, the price broke the Key level at 0.87000. Wait for a retest and a signal to confirm the return of the downtrend, then you can look for selling opportunities. The profit target is the 0.86500 price...
Hi traders, As you can see the price action is at a very crucial point. Strong support followed by a strong trend line which has been respected for quite some time now. We can also sign of rejection and bullish divergence. It all adds to the fact that we should see an upside push very soon. Please let me know your thought. Trade safe and use proper risk...