Nzdusd head to go resistance with high accuracy read the captionThe NZD/USD declined towards 0.5871 on Tuesday reflecting a loss of 0.46%, despite. The pair's movements are largely influenced by the market’s adjustments of their expectations and the delay of a rate cut by the Federal Reserve (Fed) by year-end. Rising Treasury yields are also applying downward pressure on the pair.
On the data front, in March, Building Permits experienced a decline of 4.3%, dropping to 1.457 million, below both projected and February's figures. Housing starts also saw a significant drop of 14.7%, falling short of expectations at 1.321 million. However, industrial production for the same month rose by 0.4%, meeting expectations
Trade
EUR/JPY Short and EUR/USD ShortEUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Trade Recap and Missed Trade and EUR/JPY ShortEUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Long, AUD/NZD Short and GBP/CHF LongEUR/GBP Long
Minimum entry requirements:
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/CHF Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
Usdcad drop range dipping only read the caption The Loonie asset would observe a fresh upside if it breaks above April 12 high at 1.3786. This will drive the asset towards November 4 high at 1.3843 followed by November high at 1.3901
On the contrary, a downside move below April 9 low at 1.3546 would expose the asset to the psychological support of 1.3500. A breakdown below the latter would extend downside towards February 22 low at 1.3442
AUD/CAD Short, AUD/NZD Short, NZD/CHF Short and NZD/USD ShortAUD/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/NZD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
NZD/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
NZD/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EURUSD1h - On the hourly timeframe, there has been aggressive movement over the past two days without any correction, resulting in significant unabsorbed liquidity above. It would be beneficial to observe sideways movement in the Asian session with liquidity absorption below, followed by a structural shift to a long context.
EURUSD Day PlanWe continue with the short order flow on the euro, and the context remains short as well. There are no significant signs of a reversal observed yet. For a change in sentiment on the primary timeframe, it is important for the price to establish itself above 1.0735. I don't expect any particularly clear movements for the day since the intraday target at PDL has been reached.
✅ 4R MOVE, TRADE REVIEW: $JASMYUSDT - GUARANTEED WIN- JASMYUSD has soared to +8.72% since i issued my alert in the morning
- Currently the idea represents a 4x move, this is the Maximum Favorable Exersuion (MFE)
- Generally when. a trade receives a 2x I do 1 of 2 things:
1) Either reduce half
2) Bring stop loss to breakeven
/Sometimes I use more avanced techniques but not the topic of conversation here/
Since JASMYUSD is very speculative name that can move a lot, I would look to use technique no.2 2) to improve my risk reward management and improve my worst case scenario.
Why 2) and not 1) - well, I knew the stock is thinned and as said in the previous alert, I did position size for this and will be willing to play the hand on larger move of smaller position size.
- what is important is to manage the risk of the trade and explained in this idea and the previous ideas linked is how you can manage it.
You can review the timestamps of the ideas and hence see that this is real time advice.