⭐️ Smart investment, Strong finance ⭐️ NZDUSD INFORMATION: The trade balance of New Zealand experienced a decrease of $1.234B, which was contrary to the forecast of -$1.2B. This decline was a result of a slump in the trading of goods, with both imports and exports showing a decrease. As a result, it will be challenging for Kiwi buyers to find any incentives...
⭐️ Smart investment, Strong finance ⭐️ NZDUSD INFORMATION: The NZD/USD pair is currently experiencing a losing streak, which has now reached its sixth consecutive session. The negative global economic outlook is having a detrimental effect on the NZD/USD pair. During the Asian hours on Monday, the spot price is trading lower around 0.5890. The inflation report...
Early this week i saw bullish flag pattern on the weekly TF, then i knew the price would move within the channel. right now the price is moving downward.
Look out for a false breakout to the upside. Full entry at 0.5940 level. Stops at 0.5980 targets below 0.5762 zone. At this low level 0.5762 (we will target longs). Use proper money management. Subscribe for more market breakdowns.
We have entered short both NZD/USD and GBP/USD. There is strong momentum down on the daily. Previous bar candlestick has no tails meaning no buyers are willing to enter the market. Looking for a strong push to the downside.
We are seeing a reversal soon on the NZD/USD pair. Price has steadily climbed back up into resistance at 0.65229 and now a series or red bars are forming. Waiting for a long red candlestick pattern to break and close below 0.64229. Be patient traders.
Price is near the 0.6483 level. Please wait for daily close confirmation. Long red body indicates sellers in position. Expecting more downside as the the trend continues down.
Strong down trend on the 3 hr. The last 4 plays have worked out beautifully based on bear candlestick patterns. Notice the long red bodies which indicate strong selling pressure. This current play mimics the same conditions. Lets see if price will bleed down from here.
Daily short is in a down trend. Price is below the both the 10 and 30 EMA's. Stochastics is overbought at 90 on stochastics. This triggered our trading system to go short.
short nzdusd as price looks to be in the final wave. this completes the wave v of 5 of (III). stop loss is around 70 pips whereas take profit is around 455 pips. also you can take profit at wave iv of the minor wave. (a guideline in the wave rule)
SELL NZDUSD TO 38.2 OF MY FIBONACCI LEVEL... HOWEVER WAVE IV(UPCOMING BEAR MOVE) CANNOT OVERLAP WITH WAVE I ... RISKING 47PIPS FOR 120PIPS...ALSO ONE GUIDELINE WE MUST TAKE NOTE IS SINCE WAVE II WAS A DEEPER RETRACEMENT, 23.8 FIB IS ALSO LIKELY TO HAPPEN SINCE CORRECTION II AND IV ALTERNATE
Weekly Price found support and has been consolidating after a long downtrend. The previous weekly candlestick was a large bullish candle, which showed there was a significant amount of bullish pressure. Daily Price appear to have found support and formed a double bottom, which is a bullish candlestick pattern. After the formation of the double...
Price looks like it may come down. I'm looking for price to cross my neck line @0.72003 and continue to @0.71680. Make sure to comment and let me know what you guys think...
Taking this continuation short after this pullback, already a few positions short. Price broke free of the 4hr trendline yesterday. This pullback was not too strong, so I will endeavor to make this position risk free as soon as I can!
NZD/USD SHORT OPPORTUNITY (4 HOURS):
NZD/USD SHORT OPPORTUNITY (HOURLY):
NZD/USD SHORT OPPORTUNITY (HOURLY):