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Nzdusdsell

NZDUSD,🔴CPI is coming...🔴(Details on caption) Hello traders As you can see the market maker sell model is forming on the NZDUSD 15 minutes chart and now we are on the second distribution phase. We looking for a mid-term high form in the premium, then the price goes down for the sell-side liquidity as a final target. Simply put, the market structure shifted after touching the 4-hour bearish order block and we can expect the price to continue downtrend to sell-side liquidity. In this scenario, I don't want the to price reach 0.61400 or higher. 💥Please pay attention: Today we have the CPI today and High volatility is expected💥
Short
by VahidTradingCR
1
NZDUSD: bears have revealed their plans.Let's take a look at what happened in the NZD/USD market last week. There was some manipulation going on with the prices. We were actually expecting the market to rise due to some planned strategies by the buyers. However, we had a change of plans when the market rose without breaking the low of 0.60620 from January 23rd. This made us shift our perspective and decide to open short positions. On January 31st, there was a false upward move with a spike that reached 0.61737. The bears entered their short positions and then the market has collapsed. Currently, we have short positions with an average price of 0.61223. The situation seems favorable for us to hold onto these positions. We considering the possibility of opening more short positions, especially as the levels around 0.6090-0.6095 look promising. Our expectation is that the market will continue to decline and could potentially reach the level of 0.6000. Stay tuned for more updates!
Short
by ForbesRatingN1
NZDUSD Bearish Outlook: Technical and Fundamental AnalysisA comprehensive analysis spanning multiple timeframes presents a bearish outlook, augmented by fundamental factors. On the monthly chart, there's a clear rejection at a significant resistance level, indicating strong selling pressure at these price points. Shifting to the weekly timeframe, a notable observation is the breach of a critical support level, which has now turned into resistance. This shift was accompanied by a consolidation phase, highlighting a significant mitigation of positions and the addition of substantial short positions, further validating the bearish sentiment. The daily chart provides a more granular view, showcasing a distinct breakdown in structure towards the downside. This technical breakdown suggests continued bearish momentum in the short term, as lower lows and lower highs form part of a downtrend. From a fundamental perspective, the strength and momentum of the USD are evident, fueled by recent data releases that have kept the dollar "hot." Additionally, there's an observed bullish divergence with bonds, although this doesn't necessarily imply a long-term trend reversal. On the New Zealand side, the upcoming Consumer Price Index (CPI) data release is anticipated to show a cool off, potentially setting the stage for an upward price correction. However, this expected bullish move should be interpreted with caution, as price action leading up to significant catalysts often respects the prevailing trend, which, in this case, is bearish. In summary, while short-term bullish opportunities may arise from fundamental data releases such as the NZD CPI, the overarching technical analysis across monthly, weekly, and daily charts suggests a bearish trend for NZDUSD. Traders might consider looking for sell opportunities on rallies or breaks of structure, keeping an eye on key support and resistance levels for entry and exit points. Fundamental factors, including the strength of the USD and upcoming economic indicators, should be monitored closely to gauge their impact on the currency pair's direction.
Short
by Wiiso
2
NZDUSD SELL | Sell Setup| Short Trading AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
1
NZDUSD Looking BearishCertainly. Here's a rephrased version along with an explanation: We recently observed a market response following our decision to initiate a sell position at 0.6122 on the 4-hour (H4) chart. This decision was based on identifying a resistance level that overlapped with the current market conditions. In order to set clear risk and reward parameters, we established a profit target at 0.6064. This target aligns with an overlapping support level, indicating our expectation for a downward price movement. To manage potential losses and protect our trade, we strategically placed a stop loss at 0.6189. Notably, this stop loss coincides with another overlapping resistance level. This placement aims to limit losses in case the market moves against our sell position, providing a risk management strategy aligned with the identified chart patterns.
Short
by HUMCRYPTOCLUB
Nzdusd Super short position for the downside looking forward to sell NZDUSD around 0.6175 level or above as we have seen a massive shift for downside in all major currencies as dollar seems to rally higher and target 104.25 level which makes this pair weaker and pois to move down. As i am also using the inner circle trader concepts and a mentorship student of 3 years this model should pan out and should target 0.6120 level with the higher time frame institutional order flow.
Short
by Rizwan-Ali
NZDUSD: go, go down $-)Hey, folks! We're witnessing some manipulation with the highs here! The upward momentum that started on October 26 broke through the high of October 23 at 0.60555. This high was the peak of the downtrend that persisted throughout this year. We were expecting a decline last week, but as it turns out, the bears were just hiding their intentions. Right now, the pair is trading near the low of last Friday at 0.61444. A breakthrough of this level today or tomorrow would make the outlook for NZD/USD bearish. We continue to anticipate a decline in the pair. The magnitude and duration of the drop will become clearer in the coming days. If the bears muster the strength to push the exchange rate lower, towards the 0.6070 area, then the decline will likely last for at least a week and appear quite substantial.
Short
by ForbesRatingN1
1
NZDUSD I Bullish USD unemployment claims it will come downWelcome back! Let me know your thoughts in the comments! ** NZDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
NZDUSD: gearing up for a bear breakdown.Last week, the market flexed its muscles and climbed above the level of 0.60555, shaking off the chains of the downtrend that has been holding it hostage since February 2, 2023. It's inching up above that level, but our trading strategy suggests that the ceiling is not too far away. While a temporary surge to 0.6137 or even 0.6155 wouldn't be too surprising, we're waiting, that the real show will start in the next 2 trading days. Classic technical analysis can recognize a rising wedge pattern on the NZD/USD chart. And it's indicating a potential switcheroo to a downward movement. Waiting for open short positions. Target for this bearish adventure is to hit the 0.6000 and 0.5935-0.5940 levels. So, get ready to go on a roller coaster ride of short positions $-)
Short
by ForbesRatingN1