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Nzdusdanalysis

🔵NZDUSD is tricky. Local longs in overall bearish market🔵📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close below/above previous structural impulse. 🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup. 🔹 if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation. 🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action. ☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment. 👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection. 🚀Thanks for your BOOSTS and support🚀 💬Send your comments and questions below, share your ideas and charts, I'll be glad to talk to you💬
Long
by Yelli_trades
21
NZDUSD: Intraday and Swing ideas for this weekHi Traders, This is my view for this week on: - NZDUSD I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view. Pit DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
Short
by kitchen_trading
2
NZDUSD: two liquidity zones from which I'll go shortHi Traders, This is my view for this week on: - NZDUSD I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view. Pit DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
Short
by kitchen_trading
NZDUSD Nearly Time To BUY @ 0.574 ????? (LIKELY PATH)Today I am posting on the NZDUSD pair getting ready to go LONG on this pair as we can see it's been trending down pretty hard and we have entered a HUGE Monthly DEMAND/BUY Zone which is actually the 2020 crash area this is quite a large zone so soley entering inside this zone based on the Monthly charts is pointless.. We are best locating a Weekly DEMAND/BUY inside the monthly zone which I have done and marked on the chart above this is the actual area the HUGE up leg move started from and starts 0.57 so I expect the markket to drop down inside this area also targeting this area increase are R/R and allows the stop loss to be smaller rather than simply entering based on the Monthy chart. I will look to start entering a LONG position on the NZDUSD on a DAILY signal from my Price Action reversal indicator under 0.574 and build into a position if moves lower the stop will be under the Monthly DEMAND/BUY zone. Targets well the first easy target will be the previous low in the current trend just above 0.60 we will get a reaction here and a likely push back down towards 0.58 and then a rally again from there to target the newly formed Monthly SUPPLY/SELL that I have marked on the chart above. Going short underneath 0.57 will be very risky as it's a strong DEMAND/BUY zone and I will only be looking to BUY this pair. Happy trading and hope you enjoyed my post
Long
by TheFxAce
Potential buy trade in NZD/USD, but with cautionFollowing the release of the CPI data from the US, the US dollar found some renewed strength which pushed most of the other currencies lower versus the US Dollar. The commodity currencies took a severe hit with NZD being pushed below the 0.6 level. However, the price seems to have found some support at this level and there could be a rally to 0.61 very soon. So, my plan is to long the NZD/USD at 0.5975-0.60 with a moderate stop loss and my first target at 0.61.
by YourLazyTrader
6