Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.625 zone, once we will receive any bearish confirmation the trade will be executed. trade safe, Joe.
On the H4, with price going along the ascending trendline, RSI showing an ascending trendline and moving above the ichimoku cloud , we have a bullish bias that price will rise from the buy entry at 0.63447 where 61.8% fibonacci projection is to the take profit at 0.64648 where the 78.6% fibonacci retracement is. Alternatively, price may reverse off the buy entry...
On the H4, with price going along the ascending trendline, RSI showing an ascending trendline and moving above the ichimoku cloud, we have a bullish bias that price will rise from the buy entry at 0.63447 where 61.8% fibonacci projection is to the take profit at 0.64648 where the 78.6% fibonacci retracement is. Alternatively, price may reverse off the buy entry...
NZDUSD - Intraday - We look to Buy at 0.6275 (stop at 0.6215) Previous support located at 0.6300. Previous resistance located at 0.6350. Further upside is expected although we prefer to set longs at our bespoke support levels at 0.6275, resulting in improved risk/reward. A move through 0.6350 will confirm the bullish momentum. Our profit targets will be...
On the H4, with price going along the ascending trendline, RSI showing an ascending trendline and moving above the ichimoku cloud, we have a bullish bias that price will rise from the buy entry at 0.63240 at the overlap resistance in line with the 78.6% fibonacci retracement to the take profit at 0.63963 at the swing high. Alternatively, price may reverse off the...
On the H4, with price going along the ascending trendline, RSI showing an ascending trendline and moving above the ichimoku cloud, we have a bullish bias that price will rise from the buy entry at 0.63237 at the overlap resistance in line with the 78.6% fibonacci retracement to the take profit at 0.63963 at the swing high. Alternatively, price may reverse off the...
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.627 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.625 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.629 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
After yesterday's idea the price moved in the expected direction and broke above the weekly structure. We will wait for a retest of the support and wait for an inversion to check the opportunity for a nice long order. ––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
The NZDUSD tested the 0.63 resistance level before trading lower again. Although the NZ dollar remains under pressure with high inflation and recent interest rate hikes failing to have an impact, the NZD has climbed to the upside due to DXY weakness. Look for the NZDUSD to bounce off the 0.62 support area to test the resistance of 0.63. A strong rejection of the...
Trade Idea: Selling NZDUSD Reasoning: Possible Head and Shoulders forming on NZDUSD. A break lower would also see the short term channel invalidate. Entry Level: 0.6610 Take Profit Level: 0.6121 Stop Loss: 0.6242 Risk/Reward: 3.18:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. ...
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.625 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
NZDUSD on the 4h chart is trading at the recent lows. The price is moving inside a descending channel and recently broke the upper trendline for a test of the 0.382 level. How can i approach this scenario? I will wait for a potential break of the resistance structure and in that case, i will set a nice long order according to the Plancton's strategy...
Pair Name : EURNZD Time Frame : 4 Hour's Analysis Type : Mini Swing -------------------------------------- ➡️ Main Resistance Level : 1.69700 ➡️ Time To Entry : After Close 4 Hour's Candle Above POC Line And Trend Line ➡️ Target : 1.67000 ➡️ Stop Lose : 1.63500
Hey traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.62 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.615 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
More upside for the NZD? Upside on the NZDUSD had been capped by the 0.62 resistance level, which led to price trading lower towards 0.61 (also due to the strength of the DXY). However, price struggled to break below the 0.61 support level and has rebounded back to 0.6140. With the RBNZ rate decision due, and a 50bps increase expected, a spike up in the NZDUSD...