Wait for the correction to completeHi Traders,
NZDUSD is moving correctively within an ascending channel and in my opinion we still have room to climb higher before it's ready for another sell off.
Keep an eye on this pair for the upcoming week.
Comment below and share your view on this pair! Support me by clicking the like button if this has helped you!
Good luck!
Nzdusdanalysis
NZD/USD SELL IDEAhey tradomaniacs,
welcome to another free trading.setup.
Notice: This is meant to be a preparation. As always we will have to wait for a confirmation!
NZD/USD: Daytrade-Preparation
Market-Sell: 0.66680
Stop-Loss: 0.66830
Point of Risk-Reduction: 0.66560
Take-Profit: 0.65920
Stop-Loss: 15 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
Always add your brokers spread to the stop-loss!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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NZDUSD SELL NOW!NZDUSD Monthly shows NZDUSD met resistance at the top and starting to look bearish. NZDUSD it has also just bounced off the daily trend, daily bottom channel line and tore thru the 4hr down trendline. NZDUSD is meeting resistance a supply zone but is still showing bullish strength. Before it can make any further moves up i believe price will retrace 0.66307 before continuing to the upside.
Price action still looking like a SELLHi Traders,
USD pairs haven't really shown much development for high probable positions yet, however they still are moving within corrective structures which in my opinion are forming the next impulsive phase.
Until I see more bearish price action, I will sit aside and wait for the perfect entry.
What's your thoughts on USD pairs?
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Trade Safe !
NzdUsd- First up, then down to 0.65After a recent low of around 0.6550, NzdUsd has started to recover and now is trading 100 pips above this newly formed support.
The trend for this pair si down and at this point, we can be in the middle of an ABC type correction.
Above 0.67 is strong resistance and traders can look to sell in that zone for a good R:R trade
NZDUSD, let's set Stop ProfitWe are doing a very good trading on NZDUSD , pointing straight to the MML above Fibonacci 38.2%.
The price felt the new half year cycle and the MCS gave us the right signal at the right time.
The time has come to set the Stop Profit and save the position by closing yet another trade in gain .
New Stop Profit 0.6574
NZDUSD LongNZD gave a sharp snapback in price after hitting a recent low, NZD is due to come up in strength on the momentum meter as well as USD due a drop. We'll be waiting for a pullback to our buy zone and a confirmed rejection in or above our marked out zone before taking the trade. Several TP's as we expect price to have a reaction to trendline drawn up, we could see it pass this and come up to test daily market structure. Weekly closed strong with bearish bias so we will only be wanting to take this trade under conditions we have laid out.
NZDUSD top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZD/USD likely to BREAK DOWN!Hey tradomaniacs,
chart actually explains everything I want to say.
AS long as risk-off continues NZD/USD is more likely to fall, especially after the recent fake-out!
I still hope to see a little pullback to get nice entries for a short!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me