Nzdusdbreakout
NzdUsd- 0.7 zone is a strong sell After consolidating around a week above the important 0.7 figure, NzdUsd has broken below, confirming the continuation of the recent down trend.
At this moment the pair is trading in the support zone and we can have a small rebound.
This corrective rally can be a good opportunity for bears to open short positions slightly under 0.7
NzdUsd- I'm expecting higher pricesAfter the false break under 0.69 support, NzdUsd quickly reversed and has risen more than 350 pips in not even a month.
Now the pair is consolidating, but 0.7070 is a very clear base.
I'm expecting a break above resistance and continuation to the upside.
Dips should be bought IMO
NZDUSD | The best place to buy🎯Hello traders, Symbol NZDUSD . Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examine the wave a that we specified in the weekly timeframe analysis.
In wave a, waves 1, 2 and 3 are complete and now we are inside wave 4, in wave 4, waves a and b are formed as 3 waves and we conclude that wave 4 will be flat and wave c is being formed.
In this analysis, we consider the c wave in the form of a triangle, but this triangle is confirmed when the price moves towards the floor of the triangle after hitting the ceiling of the triangle, and from there it starts its upward movement, which we marked with a red circle.
If the price breaks the ceiling of the triangle from this point, the price will move to the ceiling of the orange channel, in which case wave 5 starts and wave c will be an impulse.
If Fibo 0.618 is broken, this analysis will lose some of its validity.
If the black dashed line is broken, this analysis will be fielded.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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NZDUSD ANALYSIS UPDATEThings didnt go exactly as we had hoped but the result was the same. got our breakout. Now what I will be wating for is a retest or a break of structure.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial.
#Trade_Like_A_Magnate
NZDUSD 15min TIMEFRAME ANALYSIS shortWe expect to go short or sell this pair because the price as broken the rising channel to the downward and on addition to that the price has formed a head and shoulder pattern both of them indicating that there is a high probability for this NZDUSD price to trade to the downward direction. We know what we are doing and we do what the market is doing.This is more than an institutional analysis. Invest wisely.
NZDUSD Can Break the Resistance
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Hi Traders, NZDUSD on H4 Is going up in the Bullish channel. After the Resistance breakout could go higher.
⬆️Buy now or Buy at 0.6952
⭕️SL @ 0.6919
✅TP1 @ 0.7045
✅TP2 @ 0.7105
✅TP3 @ 0.7210
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NZDUSD After the Breakout Could Start a New Trend
Welcome back Traders, Investors, and Community!
Hi Traders, NZDUSD on H4, we have had 3 large green candles before the range just below the Resistance. If the price breaks above the Resistance on the lower TF we can look for a good Bullish setup to buy.
Buy at Resistance Breakout or Buy at 0.6993
⭕️SL @ 0.6957
✅TP1 @ 0.7066
✅TP2 @ 0.7115
✅TP3 @ 0.7240
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
NZD/USD Sell Opportunity nzd usd was the most bullish pair of the year and found very strong resistance area and after multiple confirmation we can say now its a trend reversal now for nzd usd
it broke a significant support area and market is back there to retest the broken structure
its a classic bearish breakout and retest pattern
look for bearish confirmation on lower time frame and enter short with your own money management
discipline with patience is the key to success in financial world
NZD/USD may go to the upside if the descending trendline breaksNZD/USD has dropped to the support level near 0.71 area.
This area has supported the price multiple times in the past
and even yesterday, NZD/USD rebounded after falling to the 0.71 level.
But, the rebound seems weak this time around. The reason behind this could
be the FOMC meeting event that is preventing investors from placing any major
bets prior to the event.
So, if the price drops near the 0.71 level, I would consider buying
NZDUSD@0.7100-0.7120 with SL below 0.7067 and initial TP at 0.72
NZDUSD back in support zone, possibility of a pullbackHello traders, in my previous NZD/USD idea, I advised selling NZDUSD@0.7301-0.7320.
If you followed that idea, you have certainly made close to 180+ pips profit.
(previous idea attached below for your reference)
Currently, NZD/USD is back in a support zone and although I am not so bullish on this pair, I still think
there is moderate chance for a pullback to the 0.72 level.
So, if there is some bullish price action in the support zone, buying NZDUSD@0.7115-0.7125 with SL below
0.7090 and TP at 0.7210 would be a possible short-term buy signal.