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Nzdusdanalysis

NZDUSD: Pick Your Side ↗️↘️How do you think this pair will play out this week? I have my levels of interest marked out, now it is a matter of time and patience. “Money is made by sitting, not trading.” - Jesse Livermore Traders, if you have your own opinion about this idea, write in the comments section, I always reply. RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! --------------------------------------------------------------------------------------------------------
by AlkalineFX
12
NZD/USD: Long opportunity on this change of perspectiveHello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the asset , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies. Monthly timeframe: Weekly timeframe: Daily timeframe: 4 hours timeframe: The price’s almost reached the high value line of the channel and it will retest it soon. Considering a rejection from a strong demand zone and the most trading activity on the higher part of the previous channel, there is a possibility of a trend change from downtrend to neutral and then, eventually, a movement to the upside. When, where and why would I step into the market? Before entering long in this market, I will be waiting for the price to break the previous downtrend channel, consolidating for a while on the bottom of the new channel (I’m looking for a consolidation to have more sign of demand), then I’ll be looking for a good entry point with a RRR of 1:2 or greater. My SL would be on the bottom of the new channel and the first TP on the middle line of the uptrend channel. If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses! Trade safe and responsibly, Gianni DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose
Long
by UnknownUnicorn18552923
21