FX:NZDUSD My NZDUSD Time Frame H1 Sell Setup Idea
Sell with momentum and confluence. Break of support sell.
NZDUSD is Currently in a Down Trend and Playing Inside Trend lines (Falling wedge) . The Point where Price is right now is not Good to Short the market as every Trader Must be Shorting it out here So Look For Opportunities to Sell the Market from Upwards Correction , which would be a Preparation to Go More Down !
Since 19th January NZDJPY is falling Smoothly . For now i see a little upwards Correction and it will continue its Journey Downwards !!
HEY EVERYONE Here's one on the NZ DOLLAR / US DOLLAR PAIR that rallied up with the bulls broke the resistance level 0.68106 now support as the pair retested this structure likely signalling continuation with the bull but i'm targeting a correction of this move to the upside as the pair is overbought on most indicators and is showing signs of slowing down in...
21-day SMA near 0.6645 offers immediate resistance to the pair ahead of the early August month’s top near 0.6690. On the contrary, the pair’s current trading momentum seems to drag it towards 0.6595 support comprising 10-day SMA.
So many confluences to make me go short on this, third tap on the inner structure trend line with the possibility for a retest on the outer trend line, trading at a key resistance area and at the .786 fib retracement. Will be shorting at a retest of the fib or the trend line. if it gets there corrective it will only add more confluence to go short. Will be...
If NZD/USD breaks below the reversal zone, we are looking at a massive short down. Stops above previous highs.
The big bearish movement on #NZDUSD has yet to come. We have waited for it to 0.61100 area with the last idea (that is still valid). In the meantime, another selling possibility is creating now. 0.60 (or 0.60460) could be the Elliot Wave point 5 confirmation. Entry: 0.604 SL 0.61125 TP 0.5844
Possible Short trade on #NZDUSD We have to wait for the Elliot wave to be confirmed in point 5. As 0.62 touched (that's Fibo 61% and a Strong Resistance) we can go short BUT let the price breaks the trendline first. --- Entry 0.62 SL 0.62575 TP 0.5905
NZDUSD short intraday trade opportunity off this head and shoulders pattern and lower highs
Im short NZDUSD going down on the back of US China pos news details on the chart.
Bearish reversal probability on the H1 time frame.
sell at new highs
NZDUSD price break the trend line on H1 chart.
Hi traders, this is my setup for NZDUSD for the next week. I will open 3 positions with 3 different targets at the fibonacci retracements. The price is overall in a uptrend at the daily timeframe, so we will take some Pips with the correction. Have a creat trading week. Stefan Forex
NZDUSD - looks like short-term down (30-50 pips), then up, but let's see.. Price gets rejected from the H4 resistance level, which can send the price back to the H4 support level(s) - 0.6800, where I'll be looking for long opportunity. If price (directly) break above the resistance level, I'll be looking to take a long above 0.6850 with 1st target 0.6900, then...
No surprise that the dollar has been strong over the last few months against the kiwi. Price has broken underneath a yearly support, and created a new resistance after test, It could still be a false break out, but if the price continues to drop this week, i believe we could see a nice 300 pip loss in the price of the kiwidollar. ***SIGNAL*** look for the next...