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Nzdusdanalysis

7 Dimension Sell setup or NZDUSDCore Analysis Method Smart Money Concepts 😇 7 Dimension Analysis Time Frame: H4 1: Swing Structure: Bearish swing confirmed with inducement. As the swing move makes the first pullback with an internally bearish structure, it mitigates the dicional POI at the internal premier zone or resistance supply area. 2: Pattern 🟢 CHART PATTERNS Reversal: Double top forming but not confirmed yet. 🟢 CANDLE PATTERNS Shrinking candle pattern forming with bullish momentum unable to break the range indicates climax player entry and profit-taking activity with FOMO. Inside bar also forming indicates the end of bullish activity. 3: Volume 🟢 Much bullish volume is considered during the corrective move but unable to break the resistance, meaning this is all execution volume here. 4: Momentum RSI 🟢 Currently in a bullish zone without range shift, indicating weak bullish momentum. However, divergence suggests that the price might come down to take new buy orders. The Grandfather-Father-Son signal indicates another strong bearish move is coming, so we are leaning towards sellers. 5: Volatility Bollinger Bands 🟢 After a short contraction and upper band squeeze breakout, proper walking on the band indicates continuation for the buy side in terms of volatility. 6: Strength Bears are weaker than bulls. 7: Sentiment 50/50 ✔️ Entry Time Frame: 15 min ✅ Entry TF Structure: Waiting for MSS 💡 Decision: Sell Stop order 🚀 Entry: 0.5932 ✋ Stop loss: 0.5951 🎯 Take profit: 0.5841 😊 Risk to reward Ratio: 4.79 RR 🕛 Expected Duration: 10 days SUMMARY: The analysis supports a sell position based on Smart Money Concepts methodology, with mixed signals from structure, volume, momentum, volatility, strength, and sentiment. Leaning towards a bearish move due to the Grandfather-Father-Son signal and divergence on RSI.
Short
by Optimum369
NZDUSD Weekly Analysis and OutlookNZDUSD Weekly Analysis and Outlook This week, the NZDUSD pair has shown a strong downward trajectory, closing in a bearish continuation phase. This downward momentum indicates a negative sentiment among traders, suggesting further potential for decline. Current Market Overview: The pair has been steadily moving downwards, supported by unfavorable market conditions and bearish sentiment. As it approaches a key minor resistance zone, traders should closely monitor the price action. A successful retest and rejection at this resistance would likely confirm the continuation of the bearish trend. Expectations and Potential Scenarios: Upon retesting and failing to break above the minor resistance zone, we anticipate that the NZDUSD will continue its downward momentum. This rejection could open the door to lower levels, offering traders potential opportunities to capitalize on the bearish trend. Primary Expectation: If the minor resistance holds and the price fails to break above, the price is likely to sustain its downward movement, potentially targeting lower support levels. This scenario would reinforce the bearish outlook, making it a favorable environment for short positions. Alternative Scenario: However, if the price manages to break above the minor resistance, a temporary upward correction could occur. Traders should be prepared for this scenario, as it might provide opportunities to reassess entry points at higher levels before resuming the downward trend. Conclusion: In summary, the NZDUSD pair is poised for further downward movement following its recent bearish phase. Traders should watch for a decisive rejection at the minor resistance zone, which could serve as a catalyst for continued declines. Maintaining awareness of both bearish and corrective scenarios will be crucial for effective trading strategies. Stay updated with market developments and adjust your positions accordingly. By Piptera Digital Solutions, Invest Wisely!
Short
by Piptera-Digital-Solutions
NZDUSD Weekly Forecast and AnalysisNZDUSD Weekly Forecast and Analysis Overview: As we approach the next trading week, the NZDUSD pair exhibits a promising bullish picture. Based on price action, we anticipate the price to find a strong support base near a minor resistance zone indicated on the chart, suggesting potential for further upward movement. Let’s dive into the detailed analysis based on price action and trend directions. Support and Resistance Zones: The key support and resistance zones marked on the chart above are very crucial areas for traders to constantly watch price action around these two key levels for the NZDUSD pair. Price Action Insights: Bullish Candlestick Patterns: The formation of bullish engulfing candles near the minor support zone will highlight strong buying interests among traders. The formation of this pattern around the minor support zone will act as a reliable indicator of potential continuation in the bullish trend. The NZDUSD pair has recently shown strong upwards momentum, leaving traceable signs of bullish trend continuation. Breakout Scenario: If the NZDUSD pair breaks above the highlighted resistance zone, we anticipate a very strong upward move whereby the price establishes a new weekly high, as shown on the chart. This breakout could be driven by sustained buying pressure and positive market sentiment among traders. Conclusion: In summary, the NZDUSD pair is poised for continued bullish movement in the coming week. The price action and momentum analysis support the expectation of a breakout above the highlighted resistance zone, leading to new weekly highs. Traders should monitor key levels closely and consider potential entry points aligned with the observed price action and trend indicators. Staying informed and adaptable to market changes will be crucial for successful trading. Invest Wisely, By Piptera Digital Solution
Long
by Piptera-Digital-Solutions
NZDUSD Weekly Analysis and OutlookNZDUSD Weekly Analysis and Outlook This week, the NZDUSD pair has been entrenched in a bearish trend, reflecting a prevailing downward momentum. The recent market activity suggests that this trend may continue, with the pair approaching a critical support zone. Current Market Overview: The bearish pressure on NZDUSD indicates strong selling interest, as evidenced by the consistent downward movement. As the pair approaches a key support level, traders should closely monitor the price action for potential breakout scenarios. Expectations and Potential Scenarios: Primary Expectation: If the price successfully breaks below the current support zone, we anticipate continued downward momentum. This breakout could signal further declines, with potential to reach lower support levels, providing opportunities for short positions. Alternative Scenario: Conversely, if the support level holds, there may be a temporary pause or retracement in the bearish trend. Traders should be prepared for this possibility, as it may offer opportunities to reassess positions before the downtrend resumes. Conclusion: In summary, the NZDUSD pair remains in a bearish trend, with potential for further declines upon breaking the support zone. Traders should remain vigilant, watching for key breakout signals and adjusting strategies accordingly. Monitoring both bearish continuation and potential corrective scenarios will be essential for effective trading. Stay informed and ready to adapt as market conditions evolve. By Piptera Digital Soltuions, Invest Wisely
Short
by Piptera-Digital-Solutions
NZDUSD BUY | Idea Trading AnalysisNZD/USD is falling towards a support level which is a pullback support and could bounce from this level to our take profit. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
10