Hello traders, we want to check the GBPNZD chart. The price has broken the ascending channel to the bottom and then marked the key level and also pulled back the downtrend line. If this level can play the role of a resistance level and the price cannot break this level, we expect the price to maintain its downward trend and fall to around 2.03400. Good luck.
Trade Details (H1 TIMEFRAME) Sell Limit Given Entry: 0.81370 Take Profit 1: 0.8125 Take Profit 2: Open Take Profit 3: Open Stop Loss: 0.81510 (Extended) Simple Reasoning H4 POI LQ Taken Better Entry on the M15 Closed Early around 4R/%
Welcome back! Let me know your thoughts in the comments! ** EURNZD 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...
NZDUSD - 24h expiry We have a 38.2% Fibonacci pullback level of 0.5907 from 0.6055 to 0.5815. The primary trend remains bearish. Preferred trade is to sell into rallies. Prices have reacted from 0.5815. We look for a temporary move higher. 50 4hour EMA is at 0.5913. We look to Sell at 0.5907 (stop at 0.5933) Our profit targets will be 0.5842 and 0.5822...
Here is my analysis for NZDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
We waiting for bullish impulse from the current support as we measured the distance of previous impulse to determine our exit point what do you think ?
Price on NZDCAD is bearish at the moment and price has created a lower low. So, if price continues lower I will sell back down to the low and further. This currency pair has been creating lower lows and lower highs the past few days and this seems to be a good setup if price can stay below the last lower high. What will invalidate this trade is if price pushes...
Last week's low was not breached! However, it bounced back impressively! The previous week's high is quite far, almost halfway for potential trading! Let's use a tight stop because we are anticipating a bounce from the weekly low! It attempted several times to break below but couldn't sustain, and it bounced back nicely! Let's see if it will go higher!
Hello,Traders! . . . . . NZDCHF is trading in a downtrend on the daily and just broke previous support 0.5300. It will likely head for the next support level at 0.5200. Watch for any pullbacks to 0.5310 area. SHORT! Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZDUSD - 24h expiry The selloff is close to a correction count on the intraday chart. We expect a reversal in this move. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Risk/Reward would be poor to call a buy...
🏃♂️NZDJPY is moving near the Important Resistance line and the Resistance line and inside the 🟡 Price Reversal Zone(PRZ) 🟡. 💡We can consider the formation of the 🌠Shooting Star Candlestick Pattern🌠 in 🟡 Price Reversal Zone(PRZ) 🟡as a sign of a return. 🔔I expect NZDJPY to return to the 🔴 Resistance zone 🔴 and Uptrend line in the coming hours. New...
GBPNZD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GBPNZD Entry Point - 2.0655 Stop Loss - 2.0753 Take Profit - 2.0479 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDJPY pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! GBP/NZD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. 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...
We are seeing in Daily timeframe price action is still in overall uptrend ==> Price in H4 and H1 is retesting the support area and also price is forming a double bottom ==> Price action is now retraced after breaking the neckline of the double bottom which give it a nice risk to reward setup for a continuation based on the range of the double bottom...
Hello,Traders! NZD-JPY is about to retest The rising support while Trading in an uptrend so I am bullish biased and I think that we will see A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in today's trading session we are monitoring NZDCHF for a selling opportunity around 0.53250 zone, NZDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.53250 support and resistance area. Trade safe, Joe.
System has identified a “618” Fibonacci retracement setup and executed a buy “limit” entry during the second hour of the LONDON 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup...