NZD/USD SHORT OPPORTUNITY (HOURLY):
Price has continued it’s downward trend and is currently retracing. Look for any opportunities to short when it touches trendline and precious resistance between 0.588 and and 0.59 area. Price may retest the 50ma and make an impulsive move downwards. Trade wisely & hustle folks. Patience is 🔑
Open sell position on angle mirror at NZDUSD - 0.6741 SL - 0.6775 TP - 0.6665 RRR - 1:2
Sell NZDUSD at 0.6807 SL at 0.6836 TP at 0.6720 RRR is 3.05 Good SL so you can use normal order volume. Such order at AUDUSD
On the NZDUSD bearish butterfly has formed, this is a good shorting opportunity.use proper money management, cheers
A bearish Gartley has formed on NZDUSD however am still expecting an extension of the D leg before shorting more. I will be looking for more bearish evidence on this level 0.7000 This is a potential metric point for the reversal to occur. Use proper money management. All the best friends
SHORT IT WATCH TODAY IS 2/6/2018 GOOD LUCK TO YOU
D leg has completed, trade active. Lets see what happens, Trade responsibly. If this meets your trade plan its a great trade. cheers mates
NZDUSD RETEST THE DAILY HEAD & SHOULDER NECKLINE (NEW LOWER HIGH MADE) - INSIDE DAY CANDLE ON RETEST - 3RD BOUNCE ON DESCENDING TRENDLINE - 78.6 FIBONACCI RETRACEMENT
Hello Traders, If the price keeps rising correctively I will look to sell for short term as much high as possible. Watch the price action at the bottom trend line, price can revert from that point. Good Luck! Cheers, Jonas
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
The kiwi has been range bound for the best part of a year now and in recent days has stopped just shy of descending resistance. Furthermore we saw the overbought signal from the RSI last week coincide with price action rejecting off this resistance.
Hello Traders, Price didn't respect the trend reversal pattern and formed a new high, Now we saw some impulse to the down side and trend continuation is forming. Watch to sell as much high as you can. Good Luck! Cheers, Jonas
I'm selling NZDUSD as it's touching the resistance and the downtrend .. To the targets Good luck
NZD$ Technical Analysis: Moving Average/ fair price gauge: 1. Kiwi looks rich here at the lower 0.72 level which, significantly above the 3m and 12m which sit at 0.703 and 0.690 respestively, whilst the 1 trades at 0.711. - However, going into RBNZ where they are expected to be dovish (discussed in detail in attached post), these MA levels fall nicely in line...
Fed Evans was the third fed member this week to hint that at least one rate increase is on the cards, though more dovish in saying "one hike could be appropriate" vs saying "expect the fed to hike at least once this year" which we heard from Dudley/ Kaplan earlier in the week. Though in reality his speech was dovish on the margin and offered little help for the...