Nzdusd4hrs
NZDUSD SELL OPPORTUNITY 200 PIPSNZDUSD IF WE HAVE A LOOK IN THE PAST THE 0.618 FIB ZONE MAD E THE PRICE TO GO VERY LOW AND NOW WE SEE A RETRACE !
I AM WAITING TO MAKE A BREAK ON THIS FLAG CREATED BUT IT MAY ALSO GO A LITTLE UP SO YOU CAN MAKE 2 ENTRIES 1- @0.69260 AND 2- @0.70000 AND BOTH SHOULD HAVE TP @0.67050
NZDUSD Magic T (UPDATE)After a profitable short position (See my earlier magic-t publish of NZDUSD). I have now updated it and the magic t. Currently the MT, volume and RSI is telling me we are going short again. But I will currently wait a bit to see if it will rebound. Keep an eye out for this one. It have been one of the more predictable pair. As a quick note. If it was actually going up from 0.69700 it would have been too late to go in long. It is only interesting because it's either reversing now or consolidating before continuing up.
NZDUSD Magic-T Says ConsolidationA quick draw up of the most obvious Magic-T's, it's clear that NZDUSD it heading towards a consolidation. Notice the high volume, starting 2016-11-08, now been sinking for a while. Building up cash to the next event starting soon at current price. I'm leaning towards a short, depending on the fed news tomorrow, (whether we get a rate rike or not). For me it looks like it's losing steam, and will be consolidating around 0.72238 and reverse.
SELL USDNZDIt looks like NZDUSD is in a bearish movement, with a falling wedge. It has broke a support level that was hit in mid October This support level has now become a resistance level, in the end of this week. There seems to be some bearish takeover, with really lower highs and lower lows. It will possibly go down to around 0.69700. This is because this level was hit as a support in July. Maybe then it will shift to be bullish.
Would love to hear what you guys think about this trade.
(NZDUSD) 4hr - Quick small pipsIF anything, the daily candle speak for itself, we hit SL in our previous chart because of the rate cut volatility, but that's all behind us now and am shorting again.
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Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
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NZDUSD-Short Position- For Atleast 600 Pips!Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential Short position for at-least 600 Pips, It has a potential for 1500 or more pips, the minimum expectation is 600 Pips from this trade !
I am following this pair for quite a long time now and already made a good profit. I'm already in this trade and keep adding new short positions if it goes higher as I don't see any move which shows a good opportunity to buy.
This trade has a complete structure and every single move will earn you Huge Pips. I have tried to mark the best entry points.
.TP & SL are mentioned in the chart.
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point or 0.72565, you can still catch 500+ pips till TP1 is reached, however It may still go up keeping the current situation in mind , It is recommended to enter with a smaller lot size if you want to take a short position right away & manage your stop loss accordingly.
***New Zealand Employment Change QoQ will be released in 8 hrs from now followed with other events & high volatility is expected so it is recommended to wait and see the impact and then enter the trade.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity .
Don't forget to like, If you like my analysis :)
NZDUSD Techinical Analysis: Buying dips still prefferedAfter another impressive run last week the Kiwi has come under pressure around the 0.7300 level – failing to advance higher for the second time.
Looking at the 4h chart, next line of support comes in at 0.7215 followed by 0.7150 and the 0.7100 region.
The short term outlook continues to look bullish and buying dips is our preferred strategy unless price manages to fall below the 0.6964 area which has had solid support since June 14th.
Last week Reserve Bank of New Zealand (RBNZ) Deputy Governor Grant Spencer noted that further rate cuts could pose a risk to financial stability.
The RBNZ said it was concerned about a severe housing correction that would pose real risks to the financial system and the broader economy.
Retail Crowd
My Kiwi Strategy for the week.Im mostly looking to go long on this trade to ride its final 5th Wave up. But as for my aggresive trading nature I am keen on selling the breakout of the recent hourly trend which Im looking to get a 2:1 Return .
My TP for the Shorting trade will be 38.2% fib and thereon will be my Long setup for a 3:1 return with a TP at the recent highs or higher.
If you are more cautious I suggest you wait for the consolidation to take place and find a sutiable buy zone according to your RM. Again my buy zone is just above 38.2% fib with SL below 50% fib.
I wish myself and everyone the best of luck.