Newzealand
AUDNZD SHORT OPPORTUNITYAfter this pair has completed a 100% AB=CD Pattern, we can begin to find reason to go short at this highly respected key level of resistance. Dropping into 4hr time frame we see price breakout of its ascending channel, finding a good retracement level and candlestick confirmation can give us an optimal risk/reward on this pair.
NZDUSD 2 year lowNZD/USD price is at 2 year low support level.
I think the price will bounce soon from this level, and reach 0.67 resistance.
eurnzd short setupeurnzd was in this triangle formation for quite sometime now. Going into the 4hr I see bearish correctional moves appearing with large pip movement so I went even lower and found another correctional move and another sub correctional move inside that (pink is 15min chart).
Waiting for price to break out of correctional move and follow through.
strong sell in next week ?after touching RS key level, the price is going fall to trend SP line.
lets see what happens
EURNZDI will wait for price to goes up and i will take a Sell Position .
Enter Point : 1.6825 - 1.68 ( Sell Position)
Take profit : 1.662 - 1.66
Stop loss : Breaking 1.68 zone completely on 1 Hour timeframe.
*Please consider Money Management and Risk Management and follow your rules this is only my opinion .
Telegram Channel : t.me
EURNZD LONG: Bullish Cypher Pattern
Completed bullish cypher pattern on EURNZD.
Stop - 1.678
T1 - 0.6915
T2 - 0.6975
NZDUSD LONG Setup
potential buying setup on nzdusd.
buy bull breakout of a falling trendline.
T1 - 0.662
T2 - 0.664
T3 - 0.666
Stop - 0.6589
EURNZD Trading Plan
almost completed head and shoulders pattern on EURNZD.
If bulls break and close above 1.695
most likely we will see a bullish continuation.
your plan is:
buy the market after a bullish breakout of a neckline
T1 - 1.70368
T2 - 1.71170
Stop - 1.6860
GBPNZD Trading Plan
The price is trading in a rising parallel channel called bearish flag.
Cause the trend is clearly bearish, most likely we will see bearish breakout of a channel and consequent bearish continuation.
Your plan is:
Wait and sell bearish breakout of 1.883
Initial target - 1.873
AUDNZD H4 chart long signalAUDNZD price come close to a support level. I think if it reach the support zone, it will turn around.
NZDCHF SHORT: Bearish Bat
just shorted nzdchf.
completed bearish bat pattern.
T1 - 0.6493
T2 - 0.6473
Stop - 0.656
Overall view of NZDUSD - Update of June 24th weekOdds of a bull continuation are high as prices pursue their way to the resistance zone. However we could experience a pullback or reversal, in fact the resistance area rejected many upside breakout attempts.
Possible targets: @0.66800 (+30pips).
Advice: Stay bullish and buy at any low point while we don't break the 0.66000 bottom level.
New Zealand Starting To Wake UpGood morning all.. as you see on the chart H4, this pair NZD USD still on the uptrend channel area. Can be bullish continue..
EURNZD | Short-Term BuyBlue box/buy box criteria:
1. ABC Equal waves point C
2. Fibonacci retracement 38%
3. Previously worked support
4. Channel projection
5. Fibonacci Extension 127%
6. Round number 1.70000
7*. 4H EMA200 just below the box (1.69817)
8*. 2012 High below the support (1.69739)
9. To be more secure and if the price falls lower than the marked box then wait for bullish candlestick patterns from the EMA and from the 2012 high level.
"If you asked me to distill trading down to its simplest form, I would say that it is a pattern recognition numbers game. We use market analysis to identify patterns, define the risk, and determine when to take profits. The trade either works or it doesn’t."
– Mark Douglas
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Cheers!
Continuation trade (5/29/2019)The chart says it all, really. As long as there are no weird Brexit stories, I am confident in this trade.
FX:GBPNZD
