NZD-USD
NZDUSD - FOREX - 24. MAY. 2021Welcome to our weekly trade setup ( NZDUSD )!
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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If price is rebounding back into the entry zone after either the profit target or stop loss was hit the entry zone is no longer valid.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!
NZDUSD on a H&S ? 🦐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.
💡Don't miss the great sell opportunity in NZDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.72400).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52
Take Profits:
TP1= @ 0.71800
TP2= @ 0.71500
TP3= @ 0.71150
SL: Break Above R2
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in NZDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.72400).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52
Take Profits:
TP1= @ 0.71800
TP2= @ 0.71500
TP3= @ 0.71150
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZD/USD: WE ARE CLOSE TO OUR ABCD PATTERN TARGET 🔥🔥🔥 UPDATE ABCD PATTERN FORMATION - PRICE IS CLOSE TO FIRST TAKE PROFIT ! ! !
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Have a Good trading day!
NZD/USD: BULLISH TREND WITH A-B-C-(D?) PATTERN - LONG SETUP ! 🔔Welcome back Traders, Investors, and Community!
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Have a Good trading day!
NZD/USD: BULLISH IMPULSE AFTER BEARISH SHARK PATTERN PROFITS 🔔 Welcome back Traders, Investors, and Community!
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Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good trading day!
💡Don't miss the great sell opportunity in NZDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7176).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 0.7131
TP2= @ 0.7115
TP3= @ 0.7050
TP4= @ 0.7006
TP5= @ 0.6965
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in NZDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7176).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 0.7131
TP2= @ 0.7115
TP3= @ 0.7050
TP4= @ 0.7006
TP5= @ 0.6965
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZD/USD: BEARISH SHARK PATTERN-TAKE PROFITS 🚀 AND PRICE DROP 🔔Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good trading day!
NZD/USD: BEARISH SHARK PATTERN - SHORT SCENARIO SETUP IDEA 🔔Welcome back Traders, Investors, and Community!
If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Have a Good trading day!