This is a similar setup to GBP/USD. I wouldn't expect a deep dig underneath the buyzone.Maybe accumulation and a stops hit below it before reversing. When I'm calling tops and bottoms, that don't mean that price will trend up or down for eternity from there. These are setups I'm confident with to add size into or have a wider stop. I don't know what the market...
Welcome to our weekly trade setup ( NZDUSD )!
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1 HOUR
Bullish break above main sr level.
4 HOUR
Expecting more bullish presure shortly..
DAILY
Turning market structure, good long entries!
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FOREX SETUP
BUY NZDUSD
ENTRY LEVEL @ 0.72000
SL @ 0.71580
TP @ 0.72570
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a...
wave IV is expected to be shallow at 23.6% which also coincide with the lower channel line. however it can also retrace to 38.2% of the wave III which is also around the wave 4 of the intermediary wave(one of the wave guidelines).
1. we can long trade from ( 0.65000 - 0.64750 )
zone to TP1: 0.66400 , TP2: 0.67600
2. or long when price breakup the red down ward
channel and close above it .
stop lose : 0.63900 .
his is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a...
Open Buy position on NZDUSD - 0.6744
SL - 0.6727 (17pips)
TP - 0.6838 (94pips)
RRR - 1:6.26
Reasons - at bottom of global flat 0.6715-0.6930 and good reversal pattern (buy level+angle level)
WELCOME TO DACAPITAL TRADING!!
VIP SWING SETUP
4 HOUR
Strong bullish H4 Breakout of consideration zone..
DAILY
Bearish pressure stopped and need a pullback!
WEEKLY
Explosive bearish movement with a lot of space to the upside now!
LEVELS
BUY NZDUSD @ 0.64700
SL @ 0.64230 (50 Pips)
TP @ 0.65890 (120 Pips)
RR: 2.52
Be patient about our Swing Setups!
Enjoy our...
US Dollar deficiency of the 4.8 Trillion on the tax reform will cause a huge bubble. No one can pay for, and may send the economy of the US lower. New Zealand has an interest hike coming soon, and has less debt. If they don't raise interest rates it's actually good for the economy. So I see New Zealand improving over time.
Governor of the RBNZ Wheeler offered little bearish pressure on kiwi, refusing to go into any intervention talk and failing to say what the bank will actually use to tame this deflationaire NZD they are experiencing at the moment - with the comments below in mind imo this leaves on direction for Kiwi (short of some FOMC/ USD bullish pressure which seems unlikely...
NZD$ Technical Analysis:
Moving Average/ fair price gauge:
1. Kiwi looks rich here at the lower 0.72 level which, significantly above the 3m and 12m which sit at 0.703 and 0.690 respestively, whilst the 1 trades at 0.711.
- However, going into RBNZ where they are expected to be dovish (discussed in detail in attached post), these MA levels fall nicely in line...
Entering @ D leg completion (0.65121) with two targets based of fib and resistance/support.
Stop loss well below previous support.
Limit order is set, lets catch this plane!
