Hey Traders!
Check this out – NZDUSD is shaping up to be a pretty exciting play. We've just seen a break below the 1-hour moving averages, and we're now under a key pivot level on the lower timeframes, which hints at some solid bearish momentum. Also, the 4-hour candlestick is sporting a long upper shadow, suggesting that the sellers might be settling in for the...
✅NZDUSD managed to form an Ascending Broadening Wedge Pattern.
🐮Also, NZDUSD seems to have passed a Bull Trap .
🏃Currently, NZDUSD is moving in the 🔴 Resistance zone($0.6018-$0.5980) 🔴.
🔔I expect the NZDUSD to fall to the 🟢 Support zone($0.594-$0.5929) 🟢 and the lower line of the classic pattern due to the formation of the 💫Evening Star Candlestick Pattern💫...
Hey Traders!
I am directing attention to a potential opportunity with NZDUSD, given its prevailing strong bearish sentiment. Our analysis has identified a rising wedge on the hourly chart that has recently been breached, offering a signal for a prospective downward trade. Notably, higher timeframes are also demonstrating a double top and a rising wedge...
NZDUSD has started to form corrective waves in a descending channel after completing five impulse waves so that the structure of corrective waves is Zigzag(ABC/5-3-5) .
The main wave A and B correction inside the descending channel has been completed, and now NZDUSD is completing the main wave C.
The main wave C has an Expanding Ending Diagonal ...
Due to improved market sentiment and the weakening of the US dollar, GBP/USD rebounded to 1.2500.The 1.2350 support level is the key to continuing to be bullish, and it is still possible to hit a new high so far this year; hawkish remarks around the Bank of England may continue to support the pound.
Given that the theme of this week is the overall market...
It seems that NZDUSD will not succeed in breaking the 🔴resistance zone($0.6250-$0.606)🔴, and this failure plays the role of a fake break or bull trap.
If we look at NZDUSD from the theory of Elliott waves, NZDUSD is moving in a descending channel, which can complete the correction structure ABC, which is zigzag(5-3-5); I expect wave C of the correction structure...
I'm looking to buy NZD/USD as per my weekly and daily analysis. What are your thoughts on my analysis on a weekly and daily basis?
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Hello friends
📉Based on the chart: Important levels are marked
.The price is currently at a resistance level . We also see a pattern of 1 RISING WEDGE
.The direction of movement is shown in the chart
.We are looking for a sell position
.📢 Please follow your strategy, , this is just my idea
.🙌Please do not forget the ' like' button & Share it with your friends
.✍...
📉📈1970 also failed and now the next resistance attack
⚠️ This Analysis will be updated ...
📊 #xauusd ( gold )
💹 Time Frame : weekly
👤 hosein alizadeh
📅 3/7/22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
As you can see, both scenarios happened and after breaking the trend line, it came out of neutral positions and collided with the resistance range.
Now the trend has climbed. Provided that the price below the trend line does not stabilize and the red arrow scenario does not occur.
⚠️ This Analysis will be updated ...
📊 #USDCAD
💹 Time Frame : 4h
👤 hosein...
📉📈 After hitting the trend line, we see the price return
Now we have a new support at 1.27200 if scenario 2 happens if it breaks
And if the support is not broken, the probability of breaking the trend line and leaving the neutral state is high
⚠️ This Analysis will be updated ...
📊 #USDCAD
💹 Time Frame : 4h
👤 hosein alizadeh
📅 2/23/22
❤️ If you apperciate my...
usdnzd broke bullish structure from weekly TA. Looking at taking short position from retest of bearish order block
Find entry, sl, tp in TA
NB: Patience + risk management is key to winning trades.
