Trend: H4: Up (Not with the rules but other NZD is looking weak so taking the trade) D1: Down Moving Average: With Daily MA Opposing H4 MA Pattern: Butterfly on M30 Strong resistance at 0.6170 33 pip stop loss.
The overall trend is bearish, so am looking for the break or the structure and 4h close below the blue zone with a retest and a lower low close on the smaller time frame. Alternatively I would wait for a pull back and rejection from the top of structure with a 4h close, or a 1h bearish engulfing / double top to take the short back down to the bottom of structure.
NZDUSD looking for sells , respecting the 4Hr bearish trend NOTE: 1.Risk Management is crucial 2.Money management is your guide 3.Trade responsibly
Head and shoulder formed on HTF resistance zone, looking for short term sells to next demand/support.
A comprehensive analysis spanning multiple timeframes presents a bearish outlook, augmented by fundamental factors. On the monthly chart, there's a clear rejection at a significant resistance level, indicating strong selling pressure at these price points. Shifting to the weekly timeframe, a notable observation is the breach of a critical support level, which has...
NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.6075 will confirm the bearish momentum. The measured move target is 0.6025. We look to Sell...
NZDUSD - 24h expiry Mixed but negative price action has resulted in consecutive, narrow-ranged, sideways trading days. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6100 will confirm the bearish momentum. The measured move target is 0.6050. We look to Sell at 0.6125 (stop at 0.6149) Our profit...
Waiting for a retest at 0.61137 to short NZDUSD back to key 4H level at 0.60554 If you agree drop a like and if you have any questions leave a comment :)
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
set sell limit order. with your risk managment. it can make down move today.
NZDUSD - 24h expiry Afternoon gains were sold into and follow through bearish momentum resulted in the market moving lower. Further downside is expected. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.6175 will confirm the bearish...
NZD-USD broke out of the bearish pennant and The breakout is confrmed So we will be expecting A potential move down !
Hey there, folks! Missed us? Ready for some market action? ;-) After a two-week rally that kicked off in mid-December, followed by a corrective phase in the closing days of the past year, it's no surprise that the market has resumed its downward trajectory. Right now, our strategy unmistakably points to a downward impetus. That said, the prevailing trend remains...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
I much prefer this price action than on AU, but will be looking to see how the next 4h closes, the entry I would be looking for would be a pull back and rejection from the blue line with a 1h bullish engulfing, otherwise I will wait for the breakout either side of structure
NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Short term RSI is moving lower. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6225 will confirm the bearish momentum. We look to Sell at 0.6260 (stop at 0.6288) Our profit targets will be 0.6190 and...
NZD USD has formed an ascending channel which consist of Higher Highs and Higher Lows. the market has broken out of the channel and also broke the HL market structure now we must wait for a retest of the broken Higher Low to get a sell entry.
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bullish market structure, so it is important to follow the trend and look for longs. For now I see price to make the retracement to fill imbalance lower and if price rejects from bullish order block I will consider to open a long position. Like, comment and subscribe to be...