NZDUSD closed with a bickering future as to any increase in price. 1. It broke out with a very ridiculously low volume viewed on 4 hours 2. It shows a DOJI candle on the daily 3. The FIB retracement coincided with the DOJI If at all NZDUSD increases, its gonna stop at the o.618 FIb line coinciding with a major resistrance and go down. Comment your thoughts. Gracias
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy AUDNZD from 1.034-1.033 Stop-loss at 1.032 You will find more trading ideas in SAV Finance community.
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy AUDNZD from 1.036-1.035 Stop-loss at 1.032 You will find more trading ideas in SAV Finance community.
NZDUSD - Hasn't broken the trendline yet, and looks like it's heading for a short. I would wait for the break-out to around .67400 area and short.
NU: 4-hr Head & Shoulder at Key Level (11.12)
Entires for this trade will be posted in our telegram channel,
Sell : 69.373 - 69.156 T/P : 68.741 | 68.401 StopLoss : 69.575
fundamental weak NZD with a strong CHF. longer term trade, use proper risk management I do 300-500 pips per week. Check my bio.
IT will head up to Touch Support zone the drop heavily
Price rejecting BB resistance, Fibonacci retracement level, wedge resistance and previous support turned resistance.
Have been waiting to get short this pair- short NZDCAD post the New Zealands central bank meeting which took NZD in to todays top performing G10 currency- looking for descending red trendlines to hold and for the pair to trend back down to low 0.89 area and potentially break to the downside. Pair currently in overbought territory following the overnight spike.
NZDUSD is approaching our first resistance at 0.6852 (100% Fibonacci extension , horizontal swing high resistance ) where we might see a drop in price to our first support at 0.6803(100% Fibonacci extension ,38.2% Fibonacci retracement, Horizontal pullbakc support). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price...
NZDCHF is approaching our first support at 0.6684 (horizontal swing low support, 100% Fibonacci extension, 50% & 38.2 % Fibonacci retracement) and a strong bounce might occur below this level pushing price up to our major resistance at 0.6748 (61.8% Fibonacci retracement , horizontal overlap resistance). Stochastic (55,5,3) is also approaching support and we...