EURNZD - 24h expiry Broken out of the channel formation to the downside. With resistance seen at 1.7690 and Marabuzo resistance at 1.7680, there is scope for selling rallies. Preferred trade is to sell into rallies. Short term MACD has turned negative. 50 4hour EMA is at 1.7692. We look to Sell at 1.7685 (stop at 1.7735) Our profit targets will be 1.7565...
🔸Hello traders, let's review the 8 hour chart for GBPNZD today. Expecting reversal after we hit strong overhead resistance at 2.0900. currently risk/reward shifted in bears favor. 🔸previously V-shape recovery completed at 2.0900, however right now bears will likely take over in this market. below bears will target mirror s/r level at 2.0300. strong risk/reward on...
NZD/CAD is rising towards a potential breakout level and could potentially break through this level to climb higher. Buy entry is at 0.82394 which is a potential breakout level. Stop loss is at 0.82080 which is a level that sits under a pullback support. Take profit is at 0.82721 which is a pullback resistance that aligns close to the 50.0% Fibonacci...
OANDA:NZDJPY A short position can be taken on the specified levels There is no position before reaching the surface On the first level, you can enter only by seeing the hammer candle
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from resistance zone for a potential short. Fundamental news: Tomorrow we will see results of...
This idea comes from the Mitigation of the OTE Level of the latest Bearish Impulse. There's a 5m shift, that allows us to look for a short
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDJPY chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! NZD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.527...
Dear Traders, NZDCAD is 700 pips buying opportunity, price breakthrough and changed the character, since then price consolidated and then manipulated. We still expect price to drop till 0.8100 and reject from that area. Please give some time for setup idea to become active
NZDUSD - 24h expiry Price action has stalled at good resistance levels and currently trades just below here (0.6120). We expect a reversal in this move. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. A move through 0.6100 will confirm the bearish momentum. The measured move...
In the daily time, we see an increase in the price sharpy, which has reached a strong resistance zone. As a result, in this area we expect a return or at least correction to the specified range.
Hello,Traders! NZD-CHF keeps growing And the pair is locally overbought So I think that after the price Hits the horizontal resistance Level of 0.5341 we will see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear followers, I analysed this chart on NZDJPY and concluded the following: The market is trading on 90.358 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 90.015 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
NZD-CHF broke out of The falling channel pattern And the breakout is confirmed So we will be expecting A further move up !
FX:NZDCHF A short position can be taken on the specified levels There is no position before reaching the surface
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDCAD has been overall bearish , trading within the falling channel in blue. At present, NZDCAD is undergoing a correction phase and it is currently approaching the upper blue trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong supply zone...
NZDCHF reached the important supply zone formed as a bearish order block with FVG. So we can expect the zone to reject the price. We can study the price in the lower time frame for finding the trigger. 💡Wait for the update! 🗓️06/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌