NZDCHF has formed a significant bearish engulfing on the 4 hour time frame. The bearish engulfing candle engulfed 4 previous candles and closed at 8am CST Friday. SL set at engulfing candle body high. TP set at 3X risk. Sell limit set at 50% retracement level.
NZD/CAD Signal Market Sell: 0.88670 Stop-Loss: 0.89270 Target 1: 0.87900 Target 2: 0.86870 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 3.0
NZD - Weak Bullish 1️⃣ The market expects that the RBNZ will raise its interest rate by 50 basis points at its November meeting after inflation figures for the 3rd quarter came in stronger than market and previous expectations. 2️⃣ The risk-on tone in the market supports the strength of the NZD. CHF - Strong Bearish 1️⃣ A positive market environment causes...
Hello,Traders! NZD-CAD has retested the horizontal resistance And we are already seeing a bearish reaction I think the pair will fall further down To retest the support below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Working the 30M time frame on this strategy. We're only looking for TP3. Previous short trade can also be seen on chart. The trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be...
EURNZD on the daily chart after the last bearish move tested the 0.618 Fibonacci level. The price bounced over a weekly support and start to trade over a dynamic trendline. According to Plancton's strategy if the market will break and close below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
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quick look at this pair looks like jpy pairs are set up for short 50 day ema should be a easy target
Daily timeframe. Structure: The uptrend was confirmed after the bulls broke the Key level at 0.65000. Wait for the price to have a move to retest this support level and appear a buy signal, then enter an order with NZDCHF. The profit target is the 0.67500 zone. ----------------------------------------------------------------------------------------------- Wish you...
In this update we review the NZDJPY corrective cycle from the daily trend line test discussed in the prior update
NZDUSD is more likely to rise to 0.74604 🔍 Technical expectations: 🔹NZDUSD broke the February 2021 downtrend trendline and is more likely that momentum will change to the upside. 🔹Strong bull pressure, NZDUSD will be pushed to 0.73071 and later 0.74640 ❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis....
Price is approaching and likely to breakout of strong pivot level of 0.71422. This level coincides with 78.6% Fibonacci extension level, 23.6% Fibonacci retracement level & horizontal overlap support. A break and close above this level could see price swing towards 1st resistance at 0.72115. This level is strengthened by 38.2% Fibonacci retracement level, 100%...
WTICO/USD: • If price corrects and a tight one hour flag forms, or it impulses down still further, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until...
A Weekly time frame see a nice head & shoulder pattern . And its also break trend line . Then its go next Support area . Its Retrace the trend then u book a sell order Risk Ratio = 1:2
NZDCHF is very bullish from the beginning of October. Setting a new high last week the price retraced to a key level. Retesting key support the price started to grow. Bulls managed to violate a falling wedge pattern, and duplicate the bullish breakout. Expect new wave upward to the key resistance level. The bias for the NZD remains firmly titled to the upside,...
NZDCAD EMA 10, EMA 20, and Horizontal Support Levels.