When I missed to enter a long trade setup on NZDUSD, I was really annoyed of not being able to find any mind-easing entry point due to the pushes it has been doing. However, thanks to the recent drop of this pair, I finally had an opportunity to enter with a tight stop and a wide aim! Some traders have a mindset that once a strong impulse of bear occurs, they ride...
Now is beginning to look more like never relative to Bearish Cypher as the cup handle appears. #FFT
Hello, Our trades have been looking good this week, for this NZDUSD pair we are looking for price to continue to the upside, with the 4HR trend previously broken and continuing bullish. We are looking at an opportunity at the 1HR pullback and trend break for us to enter a trade www.blueprintforex.com
Shorting based on : 1)Signal generated at the top of channel 2)RSI divergence 3) we are about to break a trendline Short active once we break both trendlines, purple and dashed yellow. to be on the safe side, wait for a candle to close below the 2 trendlines in 4 hour time frame.
Hello Traders, This pair is testing our patience, one more move up is possible but for longer term I'm looking to sell it. We still have nice divergence on macd, I will add more sell every time price reach the top. You can trade for short term up but it is risky. Good Luck! Cheers, Jonas
Sell below 0.7292. Stop loss at 0.7314. Take profit at 0.7244. Reason for the trading strategy (technically): Price has reached our profit target yesterday and bounced up nicely. We prepare to sell once again below major resistance at 0.7292 (Fibonacci extension, horizontal resistance, Fibonacci retracement, channel resistance) for a push down to at least 0.7244...
Hello Traders, Price is struggling at the top and forming reversal pattern, we also have divergence on macd. Look for sell as much higher as you can. Good luck! Cheers, Jonas
Sell below 0.7324. Stop loss at 0.7347. Take profit at 0.7262. Reason for the trading strategy (technically): Price dropped perfectly from our selling area yesterday and is on track to our profit target. We prepare to sell again 0.7324 resistance (Fibonacci extension, horizontal swing high resistance, bearish price action) for a push down to at least 0.7262...
We see AB wave completed, now CD wave in process. We short this pair from current level and book profit at 0.6970. We post analysis on lower time frame during the week to further elaborate it. Let's Watch !!
I apologize for the delay of the post as I have just arrived home and I can only enter trades at my mobile and can't publish anything at tradingview via phone. From the previous weeks long ago, we've seen the continuing strong decline of the New Zealand Dollar against several of its Forex pairs... and that changes today. This Forex pair has been on a bull attack...
My view NZD/USD in time frame D1. Thanks
Sell below 0.7051. Stop loss at 0.7093. Take profit at 0.7051. Reason for the trading strategy (technically): We prepare to sell when price breaks a major support level at 0.7051 (Fibonacci retracement, Elliott wave theory, horizontal pullback support, bearish divergence) and expect price to make a strong push down to 0.6987 support (Fibonacci retracement,...
Literally missed the Cypher pattern completion by 5 ticks. Nonetheless, this could turn into a double top situation and reach the "technical" draw up or just crawl lower via HL/LH. #FFT
Just for study purpose. Possible resistance aligning with the 50% fib retracement of that last move down during rate decision. Lets see
Sell below 0.6883. Stop loss at 0.6920. Take profit at 0.6826. Reason for the trading strategy (technically): Price has bounced up and reached our profit target perfectly. We prepare to sell below 0.6883 resistance (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance) for a push down to 0.6826 support (Fibonacci extension, horizontal swing...