NZDCAD Sell Limit 1:21RR Nzdcad been falling for a few months now making it a bearish trend on the high time frame. Hoping it'll drop more torwards my Buy Target
The Reserve Bank of New Zealand (RBNZ), showing concern about inflation, made another 50bsp hike during May taking its Official Cash Rate to 2.0%. The hawkish tone and actions of the RBNZ paired with fears the US economy could tip into a recession by the end of the year have helped the NZD regain some composure over the past couple of weeks. The NZDUSD made a...
Hello,Traders! NZD-USD is trading in a downtrend in bear flag pattern With the top of the flag facing the horizontal resistance All of which makes me bearish on the pair So I think that if we see a bearish breakout Then the pair will fall further down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual. The author of the analysis specifically disclaims any responsibility for any personal or...
HELLO TRADERS, WE HAVE ANOTHER ANALYSIS SEEING THE DEMAND AND LIMIT ON SUPPLY FOR OIL PRODUCTION. WE WERE ORIGINALLY SHORT EARLIER THIS WEEK NZDCAD BUT NOW FOR THE CORRECTION. SO WE WILL SEE FROM HERE SHOULD LONG OR SHORTS CONTINUE BUT WE HAVE IT MARKED OUT. OUR BIAS IS TO THE TO THE DOWNSIDE CONTINUED WITH A CORRECTION TO .91600-.91700 ABOVE THAT, BUYERS...
hey guys, for many days EURNZD is testing a major falling trendline. on 4H the price has formed a descending triangle formation with a sequence of lower highs and horizontal support. it looks like selling volumes are accumulating for the next push to the downside. wait for 4H candle close below 1.742 to catch the next bearish impulse. trade on retest or...
Watching market structure as we approach this area of resistance. We are currently holding an uptrend but will be looking for a short if the trend shows signs of weakness
Priceline of New Zealand Dollar / US Dollar Forex trading pair has formed a bullish Shark and entered in potential reversal zone to hit the sell target zone soon insha Allah. Price action is hitting the support of bollinger bands. Volume profile of complete pattern is showing less interest of traders at this area. Stochastic is oversold. But MACD is turned weak...
NZDJPY has reached the top of the uptrend. If the 72.80 level break upwards, 73.50 will become a target. However if 72.80 is not broken, we will follow 71.80 as support.
Bullish reversal pattern at Kumo cloud support. Stochastics confirms the long position. Price trends in bullish market - above 200 EMA.
I opened Sell on EUR/NZD because: 1. Price broke down triangle and H1 close under it. 2. Price broke down a daily level. 3. Potential profit 5 times bigger than a risk. Technically price can move down to 1-st goal 1.7412 or 2-nd goal 1.73591
Reasons why I will open a short: — Long-trend is bearish. — 0,6628-0,6637 is key sell zone to open a Short (border of a channel) — Potential down move is 250 pips with low risk (30 pips) Risk/Reward — 1/8 Attention!!! I will open a Sell after confirmation (fake broke of key level) ONLY. I will write when to open a Sell (with entry & exit points) if this post...
LONG entry signal on 09.17 @0.659. My actual entry was late, but Targets are shown on the chart. Happy trading.
Nice short trade setup till the next support.
The price break bearish channel after May 10. Now, since April 12, we moving up in bullish channel what is good possibility for long trade. Now price is taking a breath and is going down to retest support between 1.08075 - 1.0787 which is good level to take the long trade. We have a lot of confluence there. On this level is also 0.618 fibonacci retracement and...
Here happening something special for The American dollar. Power demonstrations and reversal movements?! Let's check. Let's see. ;) For additional question >> PM
Few days ago I shorted EURNZD, and it was successful trade. I closed my position, but I looking at the chart I think it is good moment to open short again. Right now we can see correction to downward move and EURNZD is fighting with resistance zone about 1.6965. If chart will reject the resistance, I will open short position and keep it to the channel bottom.