Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60900 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60900 support and resistance area. Trade safe, Joe.
MARKET PHASE OANDA:NZDCHF is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders...
MARKET PHASE OANDA:NZDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders...
My dear friends, My technical analysis for GBPNZD is below: The market is trading on 2.0911 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.0782 Recommended Stop Loss - 2.0977 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
NZDCAD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy NZDCAD Entry Level - 0.8243 Sl - 0.8225 Tp - 0.8286 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. It could also possibly be the case of a h&s on the h4...watch the price action as it unfold, be flexible :) Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank...
Hello,Friends! It makes sense for us to go short on NZD/CHF right now from the resistance line above with the target of 0.540 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Possible bearish continuation of the pair with the target of hitting the low made 29/02/2024. If the price breaks and closes below the current low this could be a good low to look for rejections on retest for continuations lower. Key Levels to note: 1. High made on 27/02/2023 2. Low made on 29/02/2024 3. Break below the above will be looking at the low made on...
NZD-CAD will soon retest The horizontal support level Of 0.82649 while trading in An uptrend so I will be Expecting a bullish reaction And a move up !
NZDJPY - 24h expiry The correction higher is assessed as being complete. Price action has continued to trend strongly higher and has stalled at the previous resistance near 91.15. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 90.90 will confirm the bearish momentum. The measured move target is...
In this chart we have spotted BEARISH DIVERGENCE which is played upto mark and after that we can see a BEARISH FLAG which identify a suitable short target and take an entry & exit points accordingly.
NZDCHF - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell NZDCHF Entry - 0.5413 Stop - 0.5426 Take - 0.5390 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Pair : GBPNZD ( British Pound / New Zealand Dollar ) Description : Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves and " A " Corrective Waves Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
NZDJPY has given the clean breakout of long term consolidation and strong bullish divergence indicating the buyers are getting ready for strong upside move. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 92 followed by 93.
NZDCAD formed a nice double bottom on a key horizontal support. I think that the pair will pull back from the underlined blue area. Goal - 0.832 ❤️Please, support my work with like, thank you!❤️
NZDUSD - 24h expiry There is no clear indication that the upward move is coming to an end. The correction lower is assessed as being complete. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a buy from current levels. A move through 0.6170 will...