Nzdusdchart
NZDUSD possilbe long for 0.59607th September daily inside bar, range confined within the previous bar range. 8th September daily insurance bar broker previous day inside bar high. signs for accumulation and strength in coming days. demand zone 0.5855-0.5860, stop loss: 0.5845, initial target 0.5940-60.
NZDUSD AnalysisHey traders, above is a technical overview on NZDUSD and the most important zones to watch.
[NZDUSD W1 May 2021]NZDUSD
Short Setup
Similar to EURUSD, we are in a corrective phase to the downside to form a Wave-2, which will most likely consists of an ABC corrective move. Wait for price to make a wave-B up then a possible short position may be taken to target 0.70600.
NZDUSD W4 Apr 2021NZDUSD
Long Setup
Continuation trade:
👉🏻 Wave-4 is usually a triangle and this is what's happening now, would anticipate another 100 pips move to the upside with a 1:1.3 ratio.
NZDUSD W2 Apr 2021NZDUSD
Long Setup
👉🏻 Been looking closely at this pair lately and the recent gains have confirmed an impulse to the upside, after breaking out of an A-B-C pattern. We could be in a sub-wave of i-ii-iii-iv-v impulse move. A break above the previous Wave-B (0.72700) will pretty much bring the price up higher and eventually hit our swing target of 0.75000 or higher.
[NZDUSD W3 Feb 2021]NZDUSD
Long Setup
💭 Continuation trade from:
👉🏻 Wave-4 has been plotted with a ABCDE triangle corrective movement. The start of the new trend has broken Wave-D of the 4th wave indicating a setup for the price to move further. A pullback to the stated zone could be a profitable entry.
NZDUSD W2 Feb 2021NZDUSD
Long Setup
Overall bullish bias with price forecasted to complete its 5th and final Elliot Impulse Wave. As the 5th Wave is also an impulse, entry could be found within the sub-impulse of this formation.
NZDUSD W3 Jan 2021NZDUSD
Short Setup
Price broke the trendline and retested to the 78.6% Fibonacci Retracement level.
