As suggested earlier, the counter found support at the supportive trendline and bounced off. Now, it has broken the resistive trendline as well and consolidating just above it. We expect the pair resume to bull trend and head to the immediate resistance marked in the chart. The support zone marked in the chart can cap any declines.
Hello guys. you can buy NZDUSD after back to 0.66 and wait for target.
What do you think? Share your idea and enjoy our opinion. REMOVE YOUR BIAS! 1-Hour-Chart: Daily-Chart: Weekly-Chart: 1). Limit Sell: 0.66300 2). Limit Sell: 0.66335 3). Limit Sell: 0.66417 1). Take Profit: 0.65849 2). Take Profit: 0.65804 3). Take Profit: 0.65632 Stop Loss(average): 0.66646 (-0.43%)
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This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
From previous short plan: Price holding very strong above the trendline. No trade right now, wait see if it can break the previous high and come back retest as strong support. If it happened it could go higher.
NZDUSD is in the overbought region. time to SHORT it! Trade at your own risk ;)
Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market targets: 0.656 - 0.654 - 0.652 after first target reached move ur stop to breakeven stop: 0.6635 (depending of ur risk). ALWAYS follow ur RM . risk/reward almost 1 to 4 Good luck Follow me on TRADING View, if you don't want to miss...
If breaks fib point 0.382 sell it! with TP at 1.18003 SL: 1.18458 Quick pips
After a bearish start to NZD/USD price action this week, price found support at 0.6525 and has been pushing higher ever since. The bullish momentum over the past two days has seen price move back above the psychological level of 0.6600. At this current time, due to the break below the main daily ascending trend zone at the start of August, we are still favouring...
SIGNAL CONFIRMATION: 1. Price rejected R1 Pivot Level (PINBAR: indicates the start of a downtrend). 2. MACD shows DIVERGENCE between price action and volume. 3. OVERBOUGHT Zone. 4. Every IMPULSE to one side is followed by an opposite impulse.
NZDUSD started to rise and will soon approach a strong resistance line. I expect a fall from this line to the support line at 0.6575
Possible short plan: 1. H4 clearly show is a downtrend with a perfect trendline (marked) 2. Awaiting to break downside to current uptrend 3. Awaiting to retest after broken the buy momentum 4. Look for rejections from the zone when price started to head downward will follow it down.
hi all traders, NZDUSD have broken out of the consolidation phase and trading above 200 ma as such, we should look for more upside from then on.
Overall, NZD/USD is trending downwards. Recently, NZD/USD broke the resistance zone of 0.65500. The Jackson Hole Symposium will start today. During this time, volatility is expected. NZD/USD’s support zone is at 0.65500 and the next resistance zone is at 0.67000. Look for short-term buying opportunities of NZD/USD.
We're looking for short, we have a confirmation when a demand zone was broke. I don't daily zone but H4 zone could work.