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NZD (New Zealand Dollar)

NZDCAD Technical Analysis and Trade IdeaThis video is an in-depth analysis of the EURUSD, concentrating on its recent trading patterns. The video covers the impact of the EU reaching a significant resistance level and the presence of a price gap below it. These factors could trigger selling activity. Throughout the video, various topics are discussed, including trend analysis, price action, market structure, and price gaps. Additionally, a potential trade opportunity is briefly touched upon.
Short
by tradingwithanthony
NZDUSD ✨ CPI News Trade ✨ q/qAn Anticipatory Analysis of Price Action (5) TP3 @ 0.7100 (close trade) (4) TP2 @ 0.6700 (shave 25%) (3) TP1 @ 0.6450 (shave 25%) (2) BSO @ 0.6225 📈⏳ (1) BLO @ 0.6105 📈⏳ ADDITIONAL INFO: 1️⃣ If the PA (Price Action) PB (pulls back) during the NZD News on Wednesday evening, we should be able to capture the UT (uptrend) with this Buy Limit Order 2️⃣However, if PA continues the UT, then we'll be "good to go" with the Buy Stop Order 3️⃣This is our first chance to profit. I picked this price because there is a wick-over-wick (8D) that may work as a pullback, so let's put some money in our wallets and chop off 25% of our investment at Take Profit 1 4️⃣This is our second chance to make a buck. I picked this price since there is a Major Resistance level (6D) that might work as a retracement, therefore we need more money in our wallets before PA arrives. An additional 25% will be shaved at Take Profit 2 5️⃣This is our third chance at making a profit. This is where we quit the ride, cancel all of our remaining buy positions at Take Profit 3, and prepare to short this thing since there is a Major Supply Zone @ 0.6715 (8D) that has a strong likelihood of reversing the trend to a short position
Long
by ProfessorCEWard
A Good Trade to Gain Times The Risk on NZDCADNzdcad has an excellent trend continuation setup coming into play. First, on the daily timeframe, the price is going higher. Second, I see clear signs of higher highs and lows. Next, the price is pulling back. That's great because the further it pulls back, the closer it gets to where I want to enter the trade. I'm using my TMP strategy with a Fibonacci to increase the reward. The reward-to-risk ratio is 2.18, allowing a chance for me to double the profits I can make on the trade. What can invalidate this setup? Well, the only two things that can invalidate this setup are if the price does not touch my limit order and continues higher or if the price stops me from the trade, which I'm okay with. I'm just happy for the opportunity to participate. What about you?
Long
by ShaquanLopez
AUDNZD I Potential buy from demand zone Welcome back! Let me know your thoughts in the comments! **AUDNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
11
AUDNZD:Couple of Scenarios ahead of today's Economic CalendarHey traders, above is a quick video in which we analyze AUDNZD technically and fundamentally ahead of today's RBNZ meeting. i would watch the zone of 1.099 which combine a strong supply and demand zone with a strong uptrend. our eyes will be in today's official rate from the Reserve Bank of New Zealand. if they hike rates as the market is pricing we can probably hit more highs on AUDNZD. otherwise if RBNZ surprise us with a larger rate hike we will more likely have the second Scenario. don't forget to ask us your questions in the comment section. Joe.
Long
by JoeChampion
14