NZDUSD - COMING BULLNZDUSD has retraced to Fibonacci retracement
level of 0.618 . I am now expecting a drop down
to around 0.67060
Also Stoch RSI is going into overbought territory.
once it crosses the red line i am expecting another
move up
See previous analysis
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Nzdusdbuy
A Potential long NZDUSD awaits...Looking for price to retrace bearish until 0.66018 ( 0.5 fib level) before potentially opening up for a bullish continuation. Last week we saw price move very bullish until the 0.66856 zone where price found resistance and looks like its gaining momentum ( retracing) before completing the move at the 0.67779 zone.
Do not rush to enter, always wait for price confirmation a bullish reversal candlestick pattern. If you are more conservative you may wait for price to move bullish then retrace before you enter.
SL - 0.65333 ( At the red line) . I Risk no more than 1% per trade.
Happy Trading!
NZDUSD - SWING SETUP - 31. OCTOBER 2018WELCOME TO DACAPITAL TRADING!!
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4 HOUR
Shortterm bearish H4 Reaction and pullback
DAILY
Today we moved bearish, good long entrys for shorter setups!
WEEKLY
Closed bearish last week with an instant bullish H4 Reaction, expecting more bullish pressure!
LEVELS
BUY NZDUSD @ 0.65370
SL @ 0.65150 (20 Pips)
TP @ 0.65920 (55 Pips)
RR: 2.50
Be patient about our Swing Setups!
Enjoy our limited Content and Setups,
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NZDUSD = BUY BUY BUY, this coming weekWOW WOW WOW. hope you guys saw the last
analysis.
now NZDUSD has retraced to Fibonacci retracement
level of 0.236 as previously surmised. i am expecting
this to continue the move up
Also Stoch RSI is going on the way up.
H4 = BUY
See previous analysis
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NZDUSD - SWING SETUP - 09. OCTOBER 2018WELCOME TO DACAPITAL TRADING!!
VIP SWING SETUP
4 HOUR
Strong bullish H4 Breakout of consideration zone..
DAILY
Bearish pressure stopped and need a pullback!
WEEKLY
Explosive bearish movement with a lot of space to the upside now!
LEVELS
BUY NZDUSD @ 0.64700
SL @ 0.64230 (50 Pips)
TP @ 0.65890 (120 Pips)
RR: 2.52
Be patient about our Swing Setups!
Enjoy our limited Content and Setups,
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NZD/USD - Bullish OpportunityNZD/USD has broken above the 200 EMA on the 4H chart and is finding support on top of it for the first time since the month of April.
This is a good sign of the beginning of a long term reversal.
As long as that support holds, we can expect NZD/USD to continue upwards and eventually hit our TP. Then do a pullback and hit either the 50 EMA or the 200 EMA to continue further up.
Give it some more time to confirm it's support and strength to move up then enter.
Trade safe.
Looking for 0.6974 level to be blown out NZDUSDLong NZDUSD
I am looking for the 0.6974 level on NZDUSD to be blown out before Wednesday 10pm EST because by this time the market will decide to consolidate. This is not a crazy trade, the set take profit is just the cherry on top for this trade but the main objective is really at 0.6974
Looking to enter at 0.69249
Stop loss is at 0.68910
Take Profit is at 0.69928
I will add updates here as the trade idea progresses.
NZDUSD testing major channel resistance,potential strong drop!NZDUSD is testing major channel resistance at 0.6936 (Fibonacci retracement, Fibonacci extension, price action, channel resistance) and a strong drop could occur at this level to push prices all the way down to major support at 0.6852 (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is also seeing major resistance at 91% where a corresponding drop could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDUSD Profit Target Reached Perfectly, Prepare For A DropNZDUSD has once again reached our profit target perfectly. We now prepare for a drop.
Sell below 0.6905. Stop loss at 0.6935. Take profit at 0.6855.
Reason for the trading strategy (technically):
Price shot up perfectly and reached our profit target. We prepare to sell below major resistance at 0.6905 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a drop towards major support at 0.6855 (Fibonacci extension, horizontal swing low support).
Stochastic (89,5,3) is seeing major resistance below 90% where a corresponding reaction could occur.
NZDUSD Reached Profit Target Perfectly, Prepare For A BounceNZDUSD has dropped perfectly to our profit target and is now testing channel lower limit support.
Buy above 0.6855. Stop loss at 0.6829. Take profit at 0.6905.
Reason for the trading strategy (technically):
Price has dropped perfectly to our profit target and we’re now seeing major support at 0.6855 (channel lower limit support, horizontal swing low support). We expect a bounce to occur at this level to push price up to major resistance at 0.6905 resistance (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance).
RSI (89) sees major support above 36% where a corresponding bounce could occur.