EURNZD 13/8/23EN giving us an untradeable range here for a bullish move higher, not for what we have we will simply wait for a break as our overall bias is unclear, we did have a signal on Friday for possible downside so we will keep this in mind coming into this week, if our London open gives us a sort bias again we will look to follow that for our first entry of the week. until then we need a clear break out of our range.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
NZD
AUDNZD Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.07900 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.07900 support and resistance zone.
Trade safe, Joe.
Levels discussed during the webinar 8th August8th August 2023
DXY: break above 102.40 to trade higher toward 102.80 resistance
NZDUSD: Sell 0.6050 SL 20 TP 60
AUDUSD: Sell 0.6510 SL 25 TP 45
USDJPY: Buy 143.20 SL 30 TP 60
GBPUSD: Sell 1.27 SL 25 TP 90
EURUSD: Sell 1.0960 SL 20 TP 40
USDCHF: Wait, look for reaction along 0.88
USDCAD: Sell 1.3360 SL 30 TP 60
Gold: break 1930, below 1929, could see 1924
EUR/NZD short term drop 800 pipHello Traders
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBP/NZD possible dropHello Traders
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EURNZD SELL OPPORTUNITY Hey traders,
We have a nice opportunity to sell this pair
Let's see those reasons
Daily chart
Daily candle did not close above resistance
Hourly Chart
Before touching the resistance zone market made a small consolidate area,
And that touch would be the rejection
We have multiple targets
Trade safely with money management
Be happy
If you agree with our idea,
Please leave a <> to encourage us
POSSIBLE SHORT ON NZDJPYHi guys, for this next one I expect a dip on NJ due to weekly and monthly price actions, all things considered we will wait for a test of any of the regions and a 15m TF break of structure confirmation, then we hop in sells.
We then hope to see a run to the downside and close out towards the end of next week. Keep your fingers crossed. #keepyOurLossesSmallTillWeHitaWinner
🔥🔥🔥 NZDUSD...UT (15m) 🔥🔥🔥
BSO @ 0.6088 ⏳
BLO2 @ 0.6077 📈
BLO1 @ 0.6066 ⏳
Choose your TP based on your favorite trading strategy or time frame:
🇳🇿 NZDUSD (pip movement per strategy):
STRATEGY PIP MOVEMENT
Scalping 10-20 pips
Intraday 20-40 pips
Swing 40-80 pips
Position 80-120 pips
TIME FRAME AVERAGE ATR
1 day 20 pips
4 hours 10 pips
1 hour 5 pips
15 minutes 3 pips
5 minutes 2 pips
⚠️ TREND
— Momentum: Big Picture Uptrend
— Price Action: Ranging with an Uptrend Bias
— CounterTrend: NO (moderate risk trade)
NZDUSD, H4 | Potential Bullish BouncePrice is bouncing off a key support level, which is a major swing low support level, hence we could see the momentum carry price up to its take profit target.
Entry:
Why we like it: 0.6062
There is a major support key level for a potential bullish reversal.
Stop Loss: 0.5987
Why we like it:
There is a swing low support.
Take Profit: 0.6132
Why we like it:
There is a pullback resistance, 50%
Fibonacci Retracement and 78.6% Fibonacci Projection, which indicates Fibonacci confluence.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDNZD 1 Hour w/ Updates The explanation will be in the charts. Will update as I see fit. Not Advice.
This timeframe analysis is linked to the Monthly Analysis and there you will find the following timeframes:
Monthly-Weekly-Daily-4Hour-1 Hour-15 Min
The idea is to walk through multiple timeframe analysis so we can learn together. This is really a journal for myself but wanted to make it public so others can learn from my own mistakes or progress. Let's go!
NZDUSD to see limited losses?NZDUSD - 24h expiry - We look to Buy at 0.6050 (stop at 0.6020)
Price action has continued to trend strongly lower and has stalled at the previous support near 0.6050.
Price action looks to be forming a bottom.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.60100 will confirm the bullish momentum.
Our profit targets will be 0.6125 and 0.6150
Resistance: 0.6100 / 0.6125 / 0.6150
Support: 0.6050 / 0.6025 / 0.6000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDNZD 15 Min w/ Updates The explanation will be in the charts. Will update as I see fit. Not Advice.
This timeframe analysis is linked to the Monthly Analysis and there you will find the following timeframes:
Monthly-Weekly-Daily-4Hour-1 Hour-15 Min
The idea is to walk through multiple timeframe analysis so we can learn together. This is really a journal for myself but wanted to make it public so others can learn from my own mistakes or progress. Let's go!
AUDNZD Daily w/ UpdatesThe explanation will be in the charts. Will update as I see fit. Not Advice.
This timeframe analysis is linked to the Monthly Analysis and there you will find the following timeframes:
Monthly-Weekly-Daily-4Hour-1 Hour-15 Min
The idea is to walk through multiple timeframe analysis so we can learn together. This is really a journal for myself but wanted to make it public so others can learn from my own mistakes or progress. Let's go!