NZDUSD .581 likely by end of week risk offNew Zealand Dollar / U.S. Dollar forum
NZDUSD .581 likely by end of week risk off
NZDUSD i was really looking forward to the 1hr head and shoulder formation i shared on last thursday not playing out, however price did tap into the price range i mentioned (56500) if the head and shoulder did play out almost to the very pip (weekly demand). even now looking at the 4hr again it is a massive 4hr head and shoulder formation which removed daily demand. nevertheless i entered my longterm swing with a 30 pip SL aiming for 59000 and 59675 tp areas.
NZDUSD just short position
NZDUSD Looking good so far bulls. looks like this head and shoulders formation i shared yesterday may be invalidated. good stuff... waiting for my oppurtunity on the 15min
NZDUSD This chart shows the NZD/USD pair on the 4H timeframe.Analysis
Current Price: ~0.57182
Projected Move: Bearish continuation towards the lower channel boundary.
Trade Plan
Entry Point: Consider a short position on a retest of resistance near 0.5730 - 0.5750 with bearish confirmation.
Stop Loss (SL): Above the recent structure high, around 0.5785.
Take Profit (TP): Near the lower channel boundary around 0.5580 - 0.5600.
NZDUSD I took a short on this pair during new york session but looking to go long. this head and shoulder formation will be confirmed if price break below 57100-000 and hold with a bearish retest (engulfing). it is very obvious this pattern was formed for core pce tomorrow. if this pattern is confirmed, possibility price heading to 56500ish area. hopefully im wrong bulls
NZDUSD I really wonder when we are getting blessed with good price action...
NZDUSD NZD/USD climbs toward 0.5750, driven by stronger risk sentiment and renewed hopes for economic stimulus in China.
NZDUSD i'm long from here. goodluck everyone tradingview.com/x/EsPyAyAY
NZDUSD Nzdusd will dropping