Kiwi
Buy NZDUSDDespite recent retrace, the price is anticipated to goes up as long as the temp support still intact 0.716.
Next Target Price , 0.730X (nearest resistance)
Long-term structures: NZDUSD shortA flat structure is complete. I am shorting this pair.
H1/ H4 frames and my entry points will be analysed in the updates to this post.
NZDUSD SHORT POSITION (4HR)CONFLUENCES:
- Bearish market structure
- Break of minor support
- Rejection of 61.8% Fib level
NZDUSD LongNZDUSD broke above level of 0.7175, and is finding support at retest. We enter here with STOP at 0.7155.
AT 0.7190 we will look to add to our position at the successful retest as seen here
AUDNZD ShortHey Traders,
Shorting AUDNZD. There are a number of technical reasons, combined with the fundamental factor of new COVID-19 cases being found around Australia bringing a possible second lockdown and state border closures. The northern beaches of Sydney have already entered a lockdown.
NZDUSD PREDICTIONSuch a strong bull trend, I'm not looking for any sells.
I'm looking for buys above 0.73 or buys at the bottom of the channel.
Notice the short term Fib, and notice that last 4hr candle how it closed as a bearish hammer, after a strong bearish candle. That wick is important as it showed price didn't want to break below the usual pullback and minor white trend line.
NZDUSD Running nicely in profitOur NZDUSD Short is running nicely in profit! As covid cases in Australia increase the pacific currencies have taken a hit today.
Short NZDUSD @ 0.7155; Tp @ 0.7119, SL your choiceShort NZDUSD @ 0.7155; Tp @ 0.7119, SL your choice
NZDUSD SHORT POSITION (4HR)Confluences:
- Retracement to 61.8% Fib Level
- Waiting for candlestick rejection from Fib level and 51 EMA
- Could see further rejection from 71.000 psychological area which lines up with 71% Fib level
- Downward trend formation in 4Hr currently creating a lower high
NZDUSD - Sell from the topGood selling opportunity has revealed for NZDUSD.
1. RSI crossing from top to bottom and under 80;
2. MACD crossover and divergence with the price;
3. Sell spot price, SL: 0.72788, TP: 0.67798;
NZDUSD - follow up Check out the link in the related section, Done exactly as planned. Now it's slowed down, into the zone. Waiting on confirmation short. It could pop up a little more but bias is short still.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
NZDUSD LongKiwi is poised for a breakout. Waiting for the initial breakout and then trading following the pullback.
Entry - 0.7110 depending on the retracement level and targets to 0.7140. | SL just below resistance zone - 0.7095
NZDJPY Target R-Multiple 2.22For this trade set up, the goal is to achieve a 2.22R. Wait for a candle to close above parallel channel resistance and enter on the retest of channel resistance turned support for a buy.
AUDNZD SellAUDNZD Sell
AB = CD pattern
Trend line analysis+ support and resistance, the price is in an overbought condition
Same trading tactics TP1 and move stop loss to break even.
The price can goes beyond the TP2
Trade at your own risk.
NZDJPYProbability of breaking 72.79 > 73%
Discount zones highlight on chart
Note: discount zones are invalid if price breaks 72.79
NZDUSDSimilarly to the Swiss Franc in the other direction. Too many people are net short on this already. 73% of retail at the time of writing. Asset Managers are 68% Long so we will wait for data tonight.
Leveraged money has started to move short. But still favoring long.
The interesting date for the cycle is Monday. So a couple of days after that would make some sense. But expect the rise to move a little more before a short entry.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
GOLD RALLY IMMINENT!!!!!!!! buy! GOLD IS CHEAP!buy buy! buy buy!
FOLLOW FOR MORE TRADE SET UP!!!
HAPPY TRADING ! SUCCESS TO YOU! (peace sign)
