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Nzdusdanalysis

NZD/USD Short Entry UpdateHey Guys! The Nzdusd's daily bias became long yesterday, or in other words, price is likely to reach 0.7034 before reaching 0.6724. So I took a long entry a couple of hours ago at 0.6804 with its stop loss at 0.6724 and its main target at 0.7034. In this video, I explain the reasoning for the short trade abort yesterday, and moreover why I entered long today and further explain what I'll be looking for in terms of trade management for this long entry. That's it! I'll keep you guys updated! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction
1
NZDUSD | Perspective for the new weekA bullish trendline is identified in the 4H timeframe and this line also shares a confluence with a significant key level at 0.68250. We shall hereby be looking for a breakout of a reversal set-up for a signal to join the potential bullish trend. However, a breakdown/retest of key level might incite a risk of further decline hence the need to be very conscious as we monitor price action. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
NZD/USD Short Entry UpdateHey Guys! The daily bias was short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034. So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724. However, there were signs of lower time frame strong long strength kicking back in, so I just abort the short entry at 0.6877. In this video, I explain the reasoning for the abort, and moreover what I'll be looking for in terms of trades on the nzd/usd. That's it! I'll keep you guys updated! Ken Disclaimer: This is not Personal Financial Advice.
Short
by TradingForexPriceAction
1
NZDUSD | Live position review | UpdateStoploss hit with around 30pips profit. Price is currently back into the neckline of the reversal pattern identified in the 1 Hour time frame and we are expecting a trend continuation to the downside should the price goes as planned. Cheers! Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
1
NZDUSD LONG - Buy Entry - H4 ChartNZDUSD LONG - Buy Entry - H4 Chart Buy @ Market Symbol: NZDUSD Timeframe: H4 Type: BUY Entry Price: Buy @ Market Resistance @ 0.71561 Pivot Point Yearly @ 0.70035 Resistance @ 0.69774 Support @ 0.69142 Support @ 0.68767 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions, please leave a comment below as I answer each comment 💬 ✅ Wishing you enjoyable successful trading 🙏
NLong
by UnknownUnicorn35780991