NZDUSD - Monday Full Analysis BreakdownWelcome traders to a free top down analysis breakdown.
Today I am highlighting possible trade ares on NZDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
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Nzdusdtrade
NZD/USD BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
NZD/USD: Daytrade-Preparation
Buy-Stop-Order: 0,71300
Stop-Loss: 0,70850
Point Of Risk-Reduction: 0,71630
Take-Profit: 0,72415
Stop-Loss: 45 pips
Risk: 0,5% -1%
Risk-Reward: 2,50
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Peace and good trades
Irasor
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NZDUSD SHORT - WE COULD BE IN FOR A BIG MOVE!Here I explain why NZDUSD could be on its way down to retrace some of its recent moves to the upside to 0.71000 or even further at 0.70000. We are very extended on the higher timeframes and a retrace could be happening soon for this pair.
Leave a comment if you agree, disagree or have any questions
Is NzdUsd carving the right shoulder?In my previous analysis, I said that I expect NzdUsd to have found a medium-term top above 0.73 and the pair dropped from that zone. More, Kiwi also has broken under the channel's support and, at this point, we can consider the top confirmed.
Yesterday the 0.7150 zone offered support and the pair had a new attempt to reconquer 0.72.
At this point 0.7240 is resistance and a new leg down could follow.
Also, a drop under 0.7150 would confirm a H&S pattern and the target for sellers can be 0.7 important support