NZD/USD Swing Trade Idea - Possible Retest on 0.66050NZD/USD Swing Trade Idea
Looking to retest 0.66050 and bounce down to 0.61550.
Good luck! And remember, this is just an idea.
Nzd-usd-short
NZD-USD SHORT TRADE SETUP IDEA 130-PIPSPlease manage your risk. Use Stop loss. And do not take blind entries.
If you have question let me know. If you want to analyze any pair let me know.
This is just an idea. what we see.
Market can go opposite what we analyze. so we have to manage our risk and adopt the situation accordingly.
NZDUSD - SHORTA bit hesitant to take this short as USD seems to be on the verge of reversing. Will be looking at how price reaches the descending trendline and then act accordingly.
NZDUSDTF: 4 HR
Possible top completion of the right shoulder. I sold a position as shown below the retest and rejection with a stop above the wicks of the last couple 4 hr candles. Bit risky diving in now, but I think some risk aversion is coming and NZD/USD should trade lower over the next few weeks.
If price completes the head and shoulder pattern look for deeper decline to the support trend line and if that breaks we could be heading to test the lows made a few months back.
NZD/USD: Selling @ market price Hi guys,
NZD/USD seems to show some weakness and volumes suggest it could potentially break lower.
Price is below EMA200 and its daily pivot.
I am shorting now at the market and I am targeting 0.60130 which is a fibo level.
*** Trade at your own risk ***
NZDUSDTF: 4 HR
Looking to get into a possIble short on NZDUSD to the 1.68 level. Price is getting rejected near a liquidity zone followed by a test of the 0.382 retracement on the current 4 HR downside from .6110. Price is in bullish trend on the 4hr and 8 hr, but overall trend on the daily and weekly is strong downside. I am looking to start adding shorts around this level.
Current TP on chart is my first take profit. I think mid-term price could possibly sell it to lows over some time, and if the charts look bearish I may add to my position to sell and test the monthly lows. I do think if we test these levels price will continue to the upside (in 2 to 4 months). Both Ideas on are on the chart.
Sell NZD/USDAfter Break Nick Line of H&S Pattern, the pair went down, now maybe retest then continue downtrend
NZDUSD SELLNU has been in a big bearish trend. currently on the 1H we have come up to make our current lower high which lines up right with the 0.786 fib. SL has been set tight at 0.6375 with our target being 0.6300 - 0.6310. We could even see a dip below the countertrend line below, where we would have to re-adjust our trendline. If DXY continues higher, this will be a likely scenario
NZD/USD H4 SHORT at SUPPLYWatch for short signal in H4 supply zone or set sell limit order. I suppose that support will be broken, so if price won't retrace into supply zone, next opportunity can appear after lows break.
Short on NZDUSDI make this short trade today on NZDUSD. I think this is only a correction, and the RSI Divergence confirm the forecast. Great RR-ratio with one target price.
Big Descending Triangle on NZDUSDShort idea on NZDUSD. The Triangle is very nice, but RSI divergence show Buy signal. But still, i think the breakout will be bearish, beacuse the USD correction from Friday. Here is at the moment no Target, I watch this Trade manually.
Possible NZD/USD Short Position !!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 3-5 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @current levels - .... and fall to the 0.65 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.65
EUR/USD
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.65
Target 2 @ ....
Risk/Reward @ 4.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
NZDUSD 1:3 Risk Reward SHORTPossible setup here on a technical basis.
Daily trendline
Resistance off the current area of supply
Fundamentals weak for NZD, slgihtly strong for USD
NZD/USD time to sellhello guys here's a new idea on the NZD/USD exchange rate. First, we're approaching the 200dma which will act as a resistance level, secondly, we are in a spot where support turns into resistance giving us the possibility to short the NZ$. The first target is at 0.66385 then we can go for a retest of the 0.65722 level. Lastly, the COT suggests a bearish approach.
best regards,
docCDS
GBP NZD potential SHort Market has reversed from a nice resistance level and made a cypher pattern
now we can enter in this trade with risk reward of 1:1
