Nzdusdlong
NZDUSD | The best scenario for climbing🔥Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In the count we had and in our opinion we are dealing with a leading pattern.
This pattern has definitely formed its 1st, 2nd and 3rd waves, and now we doubt the beginning of wave 5 and the end of wave 4.
Wave 4 lasted longer than everyone expected because its structure is complex and relatively normal.
In general, we give the probability of starting the next wave, ie wave 5, and we think that this recent ascent is related to the microwave 1 of wave 5, and its correction is related to wave 2, which again makes it probable that more correction will take place.
Now we are waiting for wave 3, which is confirmed by breaking the trend line and other conditions.
If the end of the previous wave is broken, we will conclude that wave 4 is not over yet.
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NZDUSD| Double BottomNZDUSD after giving a breakout from falling parallel channel (We hit our target price as well). The price has retrace back and formed double bottom. We are expecting bounce from here and one can take long position from here, the stoploss should be below the support zone. To negate this view, the support has to be taken out and bears will enter the party. Trade your levels accordingly.
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!
NZDUSD | The best scenario for climbing🔥Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In this symbol, waves 1, 2 and 3 are completed and now we are inside wave 4.
Wave 4 is very long in terms of time and is in normal condition in terms of Fibo.
We think this wave is complex and from this complex wave the y wave is being completed.
We are inside wave c of y, and from this wave c, waves 1, 2, 3, and 4 have ended, and wave 5 has descended beyond our expectations.
Based on our count, we see the next move ascending and adhere to this scenario until the field point, Fibonacci 0.618, is broken down.
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NZD/USD BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
NZD/USD: Daytrade-Execution
Notice: Risky ahead the NFPs. Taking that shot to get the pullback!
Market-Buy-Order: 0.66425
Stop-Loss: 0.66360
Point of Risk-Reduction: 0.66530
Take-Profit: 0.66680
Stop-Loss: 6 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
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Peace and good trades
Irasor
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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 | The best target for climbing♻️Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In this symbol, waves 1, 2 and 3 are completed and now we are inside wave 4.
Wave 4 is very long in terms of time and is in normal condition in terms of Fibo.
We think this wave is complex and from this complex wave the y wave is being completed.
We are inside wave c of wave y, and from this wave c, waves 1, 2, 3, and 4 have ended, and wave 5 has descended beyond what we expected.
Based on our count, we see the next move ascending and consider the trend ascending until the field point (Fibonacci 0.618) is broken down.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️