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Nzdusdforecast

Short $NZDUSD against .6500 for a test of .6200Hello Sophisticated Trader, The $NZDUSD has a similar setup with the $AUDUSD, coupled with the renewed dollar strength that could potentially make this pair an attractive sell for a test of .6200. Any retest of .6500 would support a short and only a break and close above recent high would negate the potential test. Remember to buy on support and sell on resistance. Minimize your risk and Maximize your profits. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia Smith As a Sophisticated trader,  we teach you what you need to know about trading.
Short
by DrLydia
2
NZDUSD Sell SetupEnjoy a free signal before the week gets started Feedback, Likes, comments, and shares would be appreciated. We have reached a major daily s/r area where market historically has had steep reversals This would be a great opportunity to catch the trend reversal Also we have 2 major monthly downtrend and uptrend lines colliding Market has respected the monthly downtrend line, soon as it reached we saw a rejection twice then market fell below the monthly uptrend line, came back up to retest and saw a rejection We have broke and closed below the 12hr uptrend line I want to to market go up and test my major 3hr s/r area Currently we are just waiting for the best entry our chances look good. NZDUSD FX:NZDUSD Sell Limit: 0.6500 (Best entry takes the most patience) Stop loss: 0.6560 (60 pips risk) Take profit: 0.6275 (225 pips reward) Risk: 1% to 3% of account (recommended) Reward/Risk: 3.75 (225/60) Sell Stop: 0.6465 (Only when market goes above this price will you be able to execute this order or you can use a sell limit) Stop loss: 0.6560 (95 pips risk) Take profit: 0.6275 (190 pips reward) Risk: 1% to 3% of account (recommended) Reward/Risk: 2.00 (190/95)
Short
by maliekevans
NZDUSD SHORTThe US dollar has been making a slow recovery, especially if you look at the DXY. A lot of my USD pairs I'm in short this week. Anyways, This pair has impulsed down and making a flag formation, it could either go up or down. On the daily it looks like the formation of a morning star to the upside. If it does will be looking for a short at the triple top area on the horizontal ray. Will be taking that trade if it correctively gets there, if it impulses with high momentum, I will be sitting on my hands waiting for another set up. The more probable move is the continuous bear flag formation where ill be taking a trade at the top of the trend line either on the 2nd or 3rd tap, depending how it moves for the impulsive downside move.
Short
by TradingAfterCollege
NZDUSD H4 SHORT PRICE ACTION FORECASTOverextended price after long rally with the NZD, and candles confirmation for trend fatigue allows placing a sell-stop order with entry right one pip below the lowes bearish candle. In the realm of D1 a precise bearish pin bar is forming at an exciting level, with a clear MACD divergence in place as additional confirmation A sell-stop entry gives enough room to target an R:R|1:2, targeting the previous resistance level as a great magnet for the price action to head towards. S/L: 78 pips
Short
by OGFXTRADER
sell #nzdusd at 0.6215 and take profit at 0.6152sell #nzdusd at 0.6215 and take profit at 0.6165 so 62 pips gain short time 24-72h overbought much and market for now ignoring ~us #china tension + stock are overbought and so far up^so when will down..#nzd will follow #audusd #eurnzd #nzdjpy #gbpnzd #nzdcad #COVID__19 #dollars yep while a tweet wiill soon come from Trump or White house and those from china will have a faster pullback also i enter in 2 lot for secure gain,my used method 1 lot will close at half profit around 0.6190 and the 2,d lot will makle a stop at near my entry point like 0.6210 ..like that i secure gain and gurantee 0 loss..those kind of trade no stop loss as the rsi in near all time frame is up 85.. will need a bad luck to get a flash krach iin the upside lol..yues big unluck..but u can made a stop 25 pips up entry points,and also use trailing stop while u start got 10 pips profit
Short
by corsicasia
1
Fundamentals and technicals say SELL NZD/USDFollowing dovish remarks coming out of the RBNZ (Reserve Bank of New Zealand) and the MMAR Indicator that I use (Madrid Moving Average Ribbon) turning distinctly BEARISH , a SELL NZD/USD is on the horizon. A look at the MMAR on the H1 chart sees an ever tightening squeeze of the MA's and this will lead to a break out either north or south. From the look of the chart, I can see only one direction this pair will break and its south. I have set a SELL STOP order under the last points of support and anticipate that this trade will move 135 pips before it hits support at WS1 Pivot area (that's if it triggers)
Short
by theforexportal