USDNZD
U.S. Dollar / New Zealand Dollar
PHOTONSTAR LED GROUP PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, LLOYDS BANKING GROUP PLC ORD 10P, HAYDALE GRAPHENE INDUSTRIES PLC ORD 2P, UNION JACK OIL PLC ORD 0.025P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
NZDUSD, strong resistance, if the trend line breaks, enter on the retest of the break!
Riding the trend, it appears to be corrective distribution patterns forming Lets see what happens...
Approaching resistance at 0.68500, could possibly form an M formation. Possible H&S formation on daily TF. 5th Eliot wave, Could potentially be a breakout towards the 0.67000 handle or further.
W1: - Structure: Downtrend - Test resistance W1 - Below resistance - Candle: bearish -> Continuous downtrend => Sell
I will be using this Bat pattern as short entry on this pair. If price pushes up to this level then i will be looking for a sell signal on lower time frame . RSI must be overbought and diverging to confirm sell signal. ATR based stops above the pattern starting point X. Minimum Risk/Reward Ratio for this trade is 1.45(TP1). Trade your plan and good luck in the...
*This is the 4hour chart We believe that its time for a down move as price broke out of an ascending trend-line and it's currently making a bearish corrective structure.
NZDUSD Short, with a nice head and shoulder forming, waiting for right shoulder to short. Possible entries may be valid from Right shoulder, downwards.
Following bullish three point correction wave on 4H pair has put in clear double top , with bearish divergence on RSI . Price action has already broken below structure support signaling further decline. Im looking for price to pull back to broken support at 0.69000, which also happens to be 38.2% Fib Retracement. ATR based...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 0.6430 would begin in Midterm. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 0.6580 on 01/03/2019, so more gains to resistance(s) 0.6860, 0.6970, 0.7025...
Here you can see my 4h chart on NZD/USD. We can reach the FIB 0.5 Weekly line. After this we will go DOWN. If you want to low your risk. Take tho order on your FIB Weekly 0.5 Line. If you want to make a ORDER NOW. GO into my position. Your Mikl_Owl
NZDUSD Short, Daily TF Fib play two entries of the regions between 71 and 78. Will Wait for more confirmation to enter and short to TP1.
> Average pips the market has moved the opposite direction confirmation. > Bearish divergence on 4hr > Trend line Bounce > Still need to look for a reversal pattern to take this trade