The Kiwi (NZD/USD) is experiencing a strong bearish momentum and could potentially drop lower. Sell entry is at 0.60957. Stop loss is at 0.61730 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.60382 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. High...
Looks like a nice triangle forming.... need the e wave up and then the final push lower
Looking for reversal to supply zone or broken support to establish resistance.
Hello everyone ... if price break our entry areas then this idea will be invalid.. Use good trade management only thing important in Trading is how you manage your trade... our signals are 95% accurate give us follow and motivate us by likes and comments... .. good luck..
hello traders, as we can see price is coming in a major level of support. im going to enter after i see a price action pattern like double top or inverted h&s pattern on 5m tf. !not financial advice!
Hello Everyone, Currently, the NZDUSD pair is testing the 1-month support structure , which may find support within the range of 0.603825 to 0.59403. There is a significant possibility of a reversal at this juncture. Further observation over time will provide a clearer understanding of the situation. TradeWithTheTrend3344
Today's US CPI data led to a sharp rise in the dollar index. As a result, the NZDUSD currency pair also fell sharply. Although the sell-off invites us to open long positions in NZDUSD, we advise against doing so. Instead, we expect the price to fall further to the 0.5983 area. From there, long positions in NZDUSD appear to be lucrative. The trading idea...
Pair Name : NZD/USD Time Frame : 4 hrs Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Mid Term Type : Mid Term Swing —————————— Bearish Break 0.60650...
Hello traders As you can see the market maker sell model is forming on the NZDUSD 15 minutes chart and now we are on the second distribution phase. We looking for a mid-term high form in the premium, then the price goes down for the sell-side liquidity as a final target. Simply put, the market structure shifted after touching the 4-hour bearish order block and...
I am expecting a trend-following trade from the current daily support level where the market is now. If we look at the 1-hour chart, a double bottom pattern is visible, and its neckline has broken above. Now, at the retest, we will take the trade. ENTRY 0.6108 STOP LOSS 0.6085 TARGETS 0.6139 & 0.6151
nzdusd buy limit order, tight sl and 1:3 risk reward.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61250 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61250 support and resistance zone. Trade safe, Joe.
As predicted on my last Forcast, Price broke out of the channel impulsively this is a momentum move from the bears. I'm waiting for a 15MIN continuation pattern before the next impulsive leg. So we may see price to retest the 15MIN resistance level close to 0.61110 before continuation in the preceding direction. if you found this helpful please support your...
as per my analysis NZDUSD is going bearish, it makes head n shoulder and major trend is Bearish. Trendline on daily time frame also there and there is major resistance level on 0.61800.
OANDA:NZDUSD A short position can be taken on the specified levels There is no position before reaching the surface
We expect further upside on this pair, signalled by the key level breakout. We can also see a change in market structure from bearish to bullish which supports our directional basis.
OANDA:NZDUSD making HH and HL after bearish trend. Buy at breakout of Resistance. Buy Stop price, TPs and SL marked
If the correction follows the depicted pattern, I will be looking for long triggers in the illustrated box to capture the next leg up.