NZD/USD SHORT OPPORTUNITY (4 HOURS):NZD/USD's PA is rejecting the daily level, so i'm looking at shorts to the weekly before looking for upside moves.
Nzdusdsell
NZDUSD possible short?hey traders,
We can see NZDUSD rejected the 3D downtrend which also corresponds with a nice resistance area marked in (gold) on the 4H. A good indication to a potential sell.. However we got a uptrend on the 4H what needs to be broken and retested before potentially going short.
But after the rejection of both the 3D downtrend and resistance area, not to mention being in an uptrend since 15th May - i expect this to break the trend line and head down to the 0.618 region which is also the 200 SMMA level on the daily using drop down analysis from multiple timeframes. We could also ride this down to the next support level level with a trailing stoploss.
Await price action
Forex NZD/USD sell signals on D1.NZD/USD, daily timeframe: Resistance line + Side of Bollinger bands + Divergence
NZD/USD: Bulls fail to break the 0.66 key level againNZD/USD bulls have failed to break the 0.66 level once again. However, the bears couldn't take advantage of this. All though the chances of a drop towards 0.64 is increasing, waiting for a clear break of the 0.6550 level is important for the sellers.
How NZD/USD will move this week depends a lot on the state of the global equities. So, keep an eye on the global stock markets. If the stocks start bleeding this week, there's a high chance that NZD/USD may drop.
NZDUSD SHORT - FORMED A BEARISH BUTTERFLY PATTERNLooking closely at the chart, we observe a formation of a bearish butterfly pattern on the NZDUSD pair. It is time for us to go short and we will be hunting sell opportunities on smaller timeframe based on our entry criteria and strategy.
Target 1: 0.65143
Target 1: 0.64495
REMEMBER: DO NOT RISK MORE THAN 1% OF YOUR EQUITY
Happy Trading and Stay Safe folks.
NZDUSD - ANOTHER PAIR FALLINGAgain, im waiting for price to cleanly break support then we can sell to the target area
We can see price has tested this area several times and been rejected but I anticipate the next break should be the sell signal
NZDUSD SellWee see Dollar getting stronger.
We have a 15M POI to pay attention.
On my entry I WILL WAIT AND SEE PRICE ACTION before entering.
I risk 0.4% , with 9 pips stoploss and TP 50
NZD/USD: A decline towards 0.64 is back in the pictureNZD/USD Bulls have failed to break the 0.6580 Resistance level and price has pulled back strongly from that level. If the bulls are unable to take that resistance out, the path of least resistance will be to the downside towards 0.64.
Eventually, I expect NZD/USD to slide back towards the 0.60 level as geopolitical risks and worsening global economic conditions will weigh on the NZ Dollar.
Selling the rallies remains the best approach to trade this pair
NZDUSD reversed from resistance, potential drop!
NZDUSD reversed off its resistance at 0.65804 where it could potentially drop further to 0.64604.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDUSDGOOD LUCK
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Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
BREAKOUT SELLWe are waiting for price to break through support and sell to the green area, at present it is consolidating
NZDUSD potential reversal!
NZDUSD expected to rise up to 1st resistance at 0.65370 where it could potentially react off and drop down to 1st support at 0.65023.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZD/USD Price Outlook: Sell from Resistance LevelWeak USD has led to a rally in NZD/USD and it has reached the resistance level. However, I expect the price to drop very soon. I will be putting sell in NZD/USD between 0.6510 to 0.66 area with Stop losses above the weekly resistance at 0.67.
I am looking at the 0.63 area as the first target for the sells.
3000 PIPS / BREAKOUT SELLPatiently waiting for a breakout... this weeks been slow! but profits to be made
New Setup For NZD/USD 1:4 Risk Reward New Setup For NZD/USD 1:4 Risk Reward
DXY Analaysis Also Compared To NZD/USD
NZDUSD Sell Set-up: Bears just need a little PushNZD/USD appears to be in a trend reversal phase but bears don't have enough momentum so far. That being said, I can definitely see the bulls stepping away slowly. Bears just need a little momentum to break the 0.64 area clearly and then we can expect a bearish move to 0.6270.
I have described a sell set-up in the chart. Please take a look!
