The pair is in uptrend till now, but has shown weakness in the trend after breaking the trend line. The pair made a new high along with the bearish divergence in RSI. Further reversal confluence is the formation of double top. Once the last HL breaks, entry of short can be taken.
NZDUSD 4 Hrly chart, looking to short up hear near the highs
We looking for the market to create a correction before going for long term buying opportunities to the upside
Looking for sell we are expecting final drop till next sell side liquidity sweep. Let see
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 2 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 2 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Market Structure Uptrend 1.Trend is Near the Major Trend line 2.There is formation of Double pattern Near the Trend line 3.There is Formation of BAT pattern 4.Mention zone is Potential Reversal zone 5.Wait for Break of Structure 6.Divergence Near to form 7.There is divergence in Momentum 8.MACD line crossing the Signal line
Respectfully and greetings to all esteemed traders, today we are here to analyze and review the New Zealand dollar. This currency is facing very attractive fluctuations and on June 16, it had a strong confirmation for a decline. However, currently, there are strong indications for price increase and cash accumulation. I have prepared a simple and appealing chart...
NZDUSD 4 Hrly chart, looking to short up hear near the highs
OANDA:NZDUSD The pair has formed a peak; from this point, the pair could retrace or initiate a major move down
NZDUSD formad a AB = CD pattern with divergence. Double top can also be seen at PRZ zone.
Kiwi showed a robust continuation candle last week on the daily chart. The price recovered above the 0.6085 resistance level and finished the week above the 0.61 area, suggesting a potential continuation pattern unfolding in the middle of an impulsive recovery. This week, the Bank of New Zealand's interest rate decision is anticipated, and they are not expected to...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
NZDUSD is in a downward trend channel. This suggests that the New Zealand dollar is weaker than the US dollar. Price has recently showed some rejection at the top of the channel therefore we are looking to sell. The Take Profits target should be 0.58807 .We will set our Stop Loss at 0.60400 to manage risk in case the price reverses. It is important to closely...
Trend is Making Before Higher high and Higher low Now Trend came to Reistance Level and Make Double Top with Divergence More Chances of Revert back of NzdUsd there Is Formation of Abcd Pattern top score =bearish Trend Bull =1 Divergence Bear=1 Reversal Bear =1 Hormomic Bear=1
"NZDUSD currently exhibits a bullish trend, although bearish divergence and a potential bearish double top formation suggest caution. The presence of a bullish flag pattern amidst sideways price movement indicates uncertainty. With price currently consolidating, a breakout above 0.61406 would favor bulls, while a break below 0.60956 would favor bears. Await...
Hello Everyone, The NZD/USD pair has shown positive performance lately. While fluctuations are expected in the near future, the overall long-term outlook remains bullish. TradeWithTheTrend3344
NZDUSD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell NZDUSD Entry Level - 0.6085 Sl - 0.6126 Tp - 0.6002 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️