#GBPNZD Sell Idea ............................................
Embark on an insightful exploration of NZD/JPY with our extensive Elliott Wave Analysis. This detailed post delves into the complex wave patterns currently influencing this unique currency pair, bridging the New Zealand and Japanese economies. We analyze the prevailing market trends, identifying crucial support and resistance levels, and forecast potential future...
FX:GBPNZD Looking good for a long especially if this week's candle closes around the 2.057 area. This doesn't mean we may not see a further push lower. Looking at the lower TFs, there are chances for price consolidation
I like to simplify things here is the chart for NJ am really looking at two zones 87.700 break out and 88.500 if price decide to retest the level again for the second time again.
NZD/CAD, following the identification of a Change of Character (ChoCh) within the major bullish order flow, has experienced a subsequent ChoCh to the upside accompanied by a Break of Structure (BoS). Currently, the strategy involves waiting for a downward ChoCh confirmation, which is anticipated to be fulfilled by the recently formed Fair Value Gap (FVG).
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect bullish price action from here as price rejected from bullish order block + institutional big figure 88.000. Like, comment and subscribe to be in touch with my content!
It is extremely risky. Selling liquidity is in this area. But in my opinion, it is risky
Join us for an in-depth exploration of the NZD/CHF, illuminated by Elliott Wave Analysis. This comprehensive post examines the current market scenario, assessing the implications of each wave and their potential impact on future price movements. We discuss the convergence of key economic factors from New Zealand, such as its agricultural and tourism sectors,...
My dear subscribers, This is my opinion on the GBPNZD next move: The instrument tests an important psychological level 2.0538 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.0483 About Used Indicators: On the subsequent day,...
#GBPNZD Sell Idea ...........................................................................
Price is reacting off our buy entry which is a pullback support level at 87.951 . Our take profit is at 89.215, an overlap resistance level. Stop loss is at 87.548, which is a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
Let’s break down the NZD-CAD pair's recent movements. Back in October, we witnessed three bullish legs that propelled the index upward, following a touch on the last demand zone. Fast forward to December, the pattern repeats with another three-leg movement bringing us back down to that demand zone. Now here's the exciting part – based on these patterns, I'm...
Hello Guys, This pair has been on my radar for a long time now. Let's break down this pair. On the monthly timeframe, a bearish CHOCH was formed and if you use your fib to measure the retracement, you will notice that the price has retraced more than the equilibrium price, meaning that GBPNZD is in a premium zone. This doesn't mean it would be wise to short the...
Short opportunity at Resistance Zone and Head & Shoulders Neckline Retest. - Double top confirmation at 1h chart! - 50 pips SL - 30 pips Break-Even or TP1 - 70 pips TP
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61500 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61500 support and resistance area. Trade safe, Joe.
Hello friends. By the according the Chart of NZDCAD we see the origin trend is downtrend and I expect in this time frame we reach the goal in the show in the chart . be enjoying and profitable
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.82350 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.82350 support and resistance area. Trade safe, Joe.
The NZDJPY has done a reversal on m15 and H1 and should target 89.66 next.