Is GBPNZD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 2.02 level What you guys think of it?
OANDA:NZDCAD Previously, a butterfly pattern was formed, along with a strong resistance zone (annotated in the photo). Additional support is a sell signal. 🔽S ELL NZDCAD zone 0.81850 - 0.82000 SL : 0.82450 TP 1 : 0.81600 TP 2 : 0.81300 TP 3 : 0.80900
Hello Guys, I would just point out briefly why I will take this trade if my setup appears despite it being risky and I will also share why I think it is risky. Why is it RISKY? If you go on the weekly chart, you will notice there was a W pattern and price retraced and printed the continuation of the W pattern which should likely make us reach for higher prices....
-------------NZDCHF LONG------------- Next week I plan to long currency pair NZDCHF. It has room to reach trendline again around 0.5490. This is not a financial advice, do your own analysis and research.
Hello, according to the analysis of the GBP NZD pair. There is a good opportunity to buy as the pair exits the side channel as shown in the analysis. It also broke the strong Double Bouton pattern. And breaking the resistance at the level of 2.05500. All of these factors confirm that the market is for purchase. Good luck to everyone.
NZDCAD price is rising from the support area, if price continues to holds above the support, price will rise towards next resistance Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
NZDCAD / 1D Hello Traders, welcome back to another market breakdown. NZDCAD has been trading in a down trend, The price now is stuck inside a trading range where I'll wait for a deviation above old highs. Trade safely, Trader Leo
GBPNZD - Elliott Wave Count GBPNZD market has completed wave 4 correction and started wave 5 impulse with a target of 2.10000 and above. If the market breaks below the red line, the view is invalid. Please exercise caution when trading as this information is for educational purposes only. FX:GBPNZD OANDA:GBPNZD FOREXCOM:GBPNZD PEPPERSTONE:GBPNZD ...
NZDCAD Channel: GREEN WK Pivot: GREEN AOB: HL CON: SBB BUY Stop: 0.81225 Stop Loss: 0.80367 TP01: 0.82083 DWR present as a buy setup on 2 NOV, with Channel and Pivot are green bouncing off HL However, trade is not taken/considered SPX500: NEUTRAL DXY: SELL OIL: BUY GOLD: BUY
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about NZDUSD. NZDUSD is making falling Wedge Pattern in daily timeframe. Here it has Maximum chances we can see a good Bullish wave here. In this move we can see price around 0.62 soon. Keep in touch we will update further soon.
Hello Traders ! On 4H Time Frame, The NZDCHF Price Reached a Support Level (0.51902 - 0.52084) Currently, The Price Formed a Double Bottom Pattern. The Neckline is Broken. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.53330🎯 ___________ if you agree with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
H4 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the strong support zone holds I expect the price to move higher further after pullbacks.
NZDJPY - 24h expiry Price action looks to be forming a bottom. We expect a reversal in this move. Short term RSI is moving higher. Risk/Reward would be poor to call a buy from current levels. A move through 88.25 will confirm the bullish momentum. We look to Buy at 87.80 (stop at 87.40) Our profit targets will be 88.80 and 89.00 Resistance: 88.25 /...
NZDCAD just turned bullish on the 1D technical outlook (RSI = 56.955, MACD = 0.000, ADX = 22.539) as it rebounded on the 1D MA50. The signs for this rally emerged after a Double Bottom Zone emerged, following a nearly 5 month RSI Bullish Divergence on HL, which indicates that we may be initiating a new long term bullish trend. Our focus for now is on the short...
Hello Traders ! On Friday 20 October, The NZDCAD Price Reached a Support Level (0.79808 - 0.79418) Currently, The Price Formed a Double Bottom Pattern. The Neckline is Broken. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.81100🎯
Hello Guys, This pair is currently trading towards a weekly order block and we have a strong bullish rally into this zone. Price is likely to retrace from this level. The above narrative was simple yea. Follow for more updates like this. Cheers, Jabari
last week weekly candle closed engulfing, so this week i anticipate a pullback then price continue up, while we go to H4 we see price exhibiting SMS. so i am going to act to the scenario for short term sell as seen on the chart.