rising wedge Nzdjpy has completed a rising wedge pattern, the price broke the trendline and is going to drop for more than 400 pips during next weeks. The volumes are decreasing, it means that smart money are going out of the market and buy orders have been closed, if you look at the momentum oscillator (10-day ) you can notice a divergence, the same for rsi ( I did not show it in the chart). We have a nice selling opportunity with a risk reward of 1:4,2. You can set the sl on your own, I suggest you to consider that price might go up in order to create a fakeout, so do no set stop too tight.
Enjoy your trading!
Francesco
Nzddollar
NZDCAD Sell Signal 100+ PipsPrice rejected down trend line and we have 2 strong bear candles. Good confirmations of movement to the downside with RSI in strong sell zone.
1. Daily down trend line resistance held and rejected price.
2. Up trend line broken down and backside tested.
3. RSI in sell zone.
4. Strong bear daily candlesticks.
This pair has already net us 80 pips but still lots of opportunity to the downside.
Look to enter @ 0.8806
TP @ 0.8623
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Oct: +30% growth
EURNZD King's Crown Sell Signal - Approaching Target 400 pipsSee past ideas, been taking profits on this pair on big upside and downside movements the past few months.
We are now approaching the right tip of King's Crown.
Look to enter at 1.7850 area OR wait for daily close under 1.7850 after reaching it.
TP @ 1.7465 area
Good luck trading!
Let me know how I can help.
Charles V
www.cvfxmanagement.com
Trading made Simple
Two great sell opportunities on this chart for NZDUSDMid-term Forecast:
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.6791).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in an uptrend and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 0.6585
TP2= @ 0.6501
TP3= @ 0.6383
TP4= @ 0.6166
TP5= @ 0.5920
SL: Break Above 0.6791
--------------------------------------------------------------------------------------------------------------
Intraday Forecast:
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.6754).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 0.6713
TP2= @ 0.6689
TP3= @ 0.6655
TP4= @ 0.6622
TP5= @ 0.6585
SL: Break Above 0.6779
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Don't miss the great sell opportunity in NZDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6614). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.6575
TP2= @ 0.6505
TP3= @ 0.6446
TP4= @ 0.6376
TP5= @ 0.6333
SL: Break Above R2
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NZDUSD - 400+ pips SHORT {SWING}After been on a mini bullrun since March 2020 we are now about to see some good retracement on this pair, at least a 61.8 which would align with the formation of an inverted right shoulder on the daily/weekly timeframe. Stops are 60pips for an overall target of 400+pips, first take profit is the support at 38.2 (0.6400) for a 200 pip target
Don't miss the great sell opportunity in NZDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested resistance line (0.6671). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.
Take Profits:
TP1= @ 0.6611
TP2= @ 0.6578
TP3= @ 0.6521
TP4= @ 0.6450
TP5= @ 0.6384
SL= Break Above R2
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ForecastCity English Support Team ❤️
Don't miss the great Sell opportunity in NZDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested resistance line (0.6671). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.
Take Profits:
TP1= @ 0.6611
TP2= @ 0.6578
TP3= @ 0.6521
TP4= @ 0.6450
TP5= @ 0.6384
SL= Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Trade well, ❤️
ForecastCity English Support Team ❤️
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.664.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6675.
TP4: R2=0.6705.
Set the stoploss of these orders at breakout of S2=0.663.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.663.
In this situation, there is an expectation to reach the target S3=0.6565.
Set the stoploss of reverse orders at breakout of S1=0.664.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6735.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6785.
TP4: R2=0.68.
Set the stoploss of these orders at breakout of S2=0.6715.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6715.
In this situation, there is an expectation to reach the target S3=0.664.
Set the stoploss of reverse orders at breakout of S1=0.6735.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
NZDUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.686.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.682.
TP4: S2=0.6805.
Set the stoploss of these orders at breakout of R2=0.687.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.687.
In this situation, there is an expectation to reach the target R3=0.6935.
Set the stoploss of reverse orders at breakout of R1=0.686.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.67.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.675.
TP4: R2=0.6785.
Set the stoploss of these orders at breakout of S2=0.6685.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6685.
In this situation, there is an expectation to reach the target S3=0.6615.
Set the stoploss of reverse orders at breakout of S1=0.67.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.67.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.675.
TP4: R2=0.6785.
Set the stoploss of these orders at breakout of S2=0.6685.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6685.
In this situation, there is an expectation to reach the target S3=0.6615.
Set the stoploss of reverse orders at breakout of S1=0.67.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6705.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6755.
TP4: R2=0.6785.
Set the stoploss of these orders at breakout of S2=0.6685.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6685.
In this situation, there is an expectation to reach the target S3=0.661.
Set the stoploss of reverse orders at breakout of S1=0.6705.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6705.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6755.
TP4: R2=0.6785.
Set the stoploss of these orders at breakout of S2=0.6685.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6685.
In this situation, there is an expectation to reach the target S3=0.661.
Set the stoploss of reverse orders at breakout of S1=0.6705.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
NZDUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.68.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.6755.
TP4: S2=0.6725.
Set the stoploss of these orders at breakout of R2=0.6815.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.6815.
In this situation, there is an expectation to reach the target R3=0.6885.
Set the stoploss of reverse orders at breakout of R1=0.68.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
A trading opportunity to buy in NZDUSDMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 0.6430 would begin in Midterm.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A trough is formed in daily chart at 0.6580 on 01/03/2019, so more gains to resistance(s) 0.6860, 0.6970, 0.7025 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.6695 to 0.6605). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.6695)
Ending of entry zone (0.6605)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.6775
TP2= @ 0.6860
TP3= @ 0.6970
TP4= @ 0.7025
TP5= @ 0.7175
TP6= @ 0.7435
TP7= @ 0.7560
TP8= Free
A trading opportunity to buy in NZDUSDMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 0.6430 would begin in Midterm.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A trough is formed in daily chart at 0.6580 on 01/03/2019, so more gains to resistance(s) 0.6860, 0.6970, 0.7025 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 57.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.6695 to 0.6605). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.6695)
Ending of entry zone (0.6605)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.6775
TP2= @ 0.6860
TP3= @ 0.6970
TP4= @ 0.7025
TP5= @ 0.7175
TP6= @ 0.7435
TP7= @ 0.7560
TP8= Free
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6855.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.689.
TP4: R2=0.691.
Set the stoploss of these orders at breakout of S2=0.684.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.684.
In this situation, there is an expectation to reach the target S3=0.677.
Set the stoploss of reverse orders at breakout of S1=0.6855.
Set the stoploss of reverse orders at breakout of R1=0.996. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6835.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6885.
TP4: R2=0.6935.
Set the stoploss of these orders at breakout of S2=0.6815.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6815.
In this situation, there is an expectation to reach the target S3=0.674.
Set the stoploss of reverse orders at breakout of S1=0.6835.
Set the stoploss of reverse orders at breakout of R1=0.996. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6835.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6885.
TP4: R2=0.6935.
Set the stoploss of these orders at breakout of S2=0.6815.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6815.
In this situation, there is an expectation to reach the target S3=0.674.
Set the stoploss of reverse orders at breakout of S1=0.6835.
Set the stoploss of reverse orders at breakout of R1=0.996. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!