NZD-USD
NZDUSD - 1H - HIDDEN DIVERGENCE - SHORTAnalysis:
Hidden divergence spotted in NZDUSD, which is a sign for NZDUSD to continues in a downward direction.
ENTRY: Currently is an ideal time to enter.
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Best Regards,
The MorningStar Forex
NZDUSD facing bearish pressure | 15th June 2021NZDUSD is holding below the descending trendline resistance, and RSI is also approaching the upper resistance where it has reversed from before, indicating possible bearish pressure. We could see a reversal and further downside below Sell Entry, in line with 61.8% Fibonacci retracement, 100% Fibonacci extension, and horizontal pullback resistance, towards Take Profit, in line with horizontal swing low support.
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ridethepig | NZD for the Yearly Close📌 @ridethepig G10 FX Market Commentary - NZD for the Yearly Close
Here we are tracking the weak points in the structure which are strategically important points in every map. They are usually protected and once broken and be rewarding with non-stop moves. The handle to track here is 0.74xx which is well placed and comes to undertaking other duties of preventing the flow back towards 0.883x.
Now the early strength of this can be seen with the latest breakup, it is a monthly closing in drastic fashion - a veteran soldier ready to march. A breakdown in Dollar for 2021 is a 'good deed' for the rest of the world but actually we will cover a whole chapter around how it is the only monetary option. After a Biden victory we can expect them to rush through a digital dollar and trigger defaults, things will develop quickly so time to start paying attention for the 2021 flows now.
Thanks as usual for keeping the feedback coming 👍 or 👎
NZDUSD Sell OpportunityNZDUSD just hit a 4hr order block before the week ended, there is two possible outcome that i have seen from the charts and i will share.
1. The pair could possibly rise to retest the trendline it recently broke out from and also retest the downward trendline which it fails to break above from, this means price will hit the 2Hr order block before pushing further to the downside. (this is highlighted using the red arrows)
2. The other possibility is that price will continue the fall to the next 4Hr order block after which it will test the previous one it broke out from before continuing the fall. (this is highlighted using the black arrows)
Be mindful of the news coming this week.
NZDUSD - FOREX - 08. JUNE. 2021Welcome to our weekly trade setup ( NZDUSD )!
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1 HOUR
Bearish turnover in smaller tfs.
4 HOUR
Overall bearish market structure with a strong pullback.
DAILY
Good short entries and price action.
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FOREX SETUP
SELL NZDUSD
ENTRY LEVEL @ 0.72280
SL @ 0.72790
TP @ 0.71440
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZDUSD will break the support? 🦐NZDUSD on the 4h chart is testing once again the support at the 0.71350 area
The price, after yesterday's bearish move, can bounce over it and make a new test before the break.
According to Plancton's strategy if the market will break below we will set a nice short order.
––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZDUSD Downside, Daily Structure has changed!NZDUSD is finding resistance prior to the USD personal income data, which shows the total income for individuals domestically. Technically the pair has found resistance around the significant 0.7300 level after the daily chart broker bullish structure. The 0.7300 region is a strong resistance zone, and we anticipate downside. The PPO has also given a bearish cross.
NZDUSD - FOREX - 24. MAY. 2021Welcome to our weekly trade setup ( NZDUSD )!
-
1 HOUR
Bullish break above main sr level.
4 HOUR
Expecting more bullish presure shortly..
DAILY
Turning market structure, good long entries!
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FOREX SETUP
BUY NZDUSD
ENTRY LEVEL @ 0.72000
SL @ 0.71580
TP @ 0.72570
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZDUSD | SHORT-Values-
Entry Range: 0.71930 - 0.72022
Average Entry: 0.71991 (RRR: 1.5)
Stop Loss: 0.72145
Profit Target: .71756
-HOW TO ENTER MY TRADES-
1. Ladder your entries.
You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled.
2. Only first touches are valid.
If price is rebounding back into the entry zone after either the profit target or stop loss was hit the entry zone is no longer valid.
Example:
Trade Idea:
Valid and Invalid Entry:
NZDUSD a Head & Shoulder 🦐NZDUSD is trading above an ascending trendline and the price is completing the right shoulder.
According to Plancton's strategy if the price will break below we will set a nice short order.
––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZDUSD - Breakdown Imminent!Following our last NZDUSD analysis which was posted last month, we got a messy breakdown but we had our entry right at the top. The next entry would be after a break of the 0.71 level followed by a retest or a bear flag.
It is possible that we can move up once more. See lower timeframe chart below.
Goodluck and trade safe!
NZDUSD - Breakdown Imminent!Following our last NZDUSD analysis which was posted last month, we got a messy breakdown but we had our entry right at the top. The next entry would be after a break of the 0.71 level followed by a retest or a bear flag.
It is possible that we can move up once more. See lower timeframe chart below.
Goodluck and trade safe!