Nzdusdtrade
[NZDUSD] Wait for break of UptrendNZDUSD has been overextended to the upside for weeks, only looking for short opportunity at the retest if uptrend is broken. Otherwise, it could easily continue its next impulse to the upside
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Disclaimer: this is only for informational purpose, not any form of trading advice ;)
NzdUsd- Top in place?The last days of 2020 and the beginning of 2021 found NzdUsd in a strong bullish mood, with the pair gaining almost 5% in a very short time.
This new leg up looks exhausted and prices above 0.73 attract sellers like a magnet.
I believe a correction is just around the corner and, in my opinion, rallies towards 0.73 should be sold.
My target for such a trade is 0.7150 and even in a new high scenario I don't see much room to the upside for Kiwi
NZDUSD, wants to Challenge Resistance Above, LongMonthly Structure is very important to know where the trend is!
+Bullish Divergence
+Breakout
+Resistance
NZD/USD short once price cross 0.71716 and retest the zone NZD/USD had been in a strong uptrend for quite some time , currently there's a huge dip , waiting for the price to break through the pervious resistance and retest the zone once again for a prefect trade.
Nzdusd Analysis LongNzdusd near to resistance let's see what happens......
Please 🙏 when your trade come in profit move your stoploss at entry price....
NZD/USD SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation! As always we will have to wait for a confirmation!
NZD/USD: Daytrade-Preparation
Notice: All trades are risky due to thin volume -> Sudden volatility can always appear.
Market-Sell: 0,70775
Stop-Loss: 0,70970
Point Of Risk-Reduction: 0,70640
Take-Profit: 0,70450
Stop-Loss: 18 pips
Risk: 0,5% - 1%
Risk-Reward: 1,85
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Peace and good trades
Irasor
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Forex-NZDUSD-December 22,2020I expect price to test support zone price 0.70210 and then reverse towards resistance zone price 0.71713.
Nzdusd Trade PlanNzdusd Trade Plan. You can see the NZDUSD trading plan. Let's see nzdusd Trade Plan respect our analysis or not. NZDUSD is a good pair for trading.
NzdUsd can correct to 0.7NzdUsd has quite a bull run and since 0.65 bottom the pair gained almost 700 pips or more than 10%.
Now the pair looks ready for a much-needed correction and 0.7 could be the target for short term traders.
Sell rallies is my strategy for this pair
NzdUsd- 0.71 is very strong resistanceI'm sure of a lot of you, and I included, was wondering when NzdUsd bull run will end...
And now it can be it.
After the first touch of 0.71 and a drop, Kiwi had a new attempt yesterday to rise above and reversed violently putting in a strong long-tailed reversal candle on our daily chart.
At this moment rallies should be well capped at 0.71 and possible corrections of yesterday's drop could be a good opportunity for bears.
A drop under 0.7 should accelerate losses and 0.68 could be a good place to book profits
NZDUSD Can Fall From HereHi Traders,
I have short idea of NZDUSD on the mentioned confluences.
Good Luck
