NZDUSD Short Term Buy IdeaH4 - Bullish trend pattern.
Currently it looks like a correction is happening.
No opposite signs.
Until the two strong support zones hold my short term view remains bullish here.
Nzdusdbuysetup
NZD/USD 4HR BUY SET UPHi TRADERS this is my trade set up for the NZD/USD for the new week ahead
NZD/USD I am expecting a break out of the daily candle line marked on chart, and will probably get a retest of area then push up, I am expecting a strong 4hr resistance marked on chart, once broken through should reach TP
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
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NZDUSD daily time frame reversa start don' missed we expect longnzdusd daily time frame reversal start don't missed target is supply zone for retest
NzdUsd Possible Long!Pair is in the trend channel in 1D TF and it is at the bottom of channel and most likely will move according to channel!
Moreover, it has reacted well at the POI previously and will most likely follow the move according to SMC.
NZDUSD TRADE IDEA POSSIBLE LONG (BUY)Hey traders, I hope you're good here is the possible analysis of the NZDUSD . As you can see there's two possible scenarios present on this chart. Main trend shows to be an uptrend and at this moment we see a retracement in form of a flag.
Scenario number 1 presents: If the price is able to broke the red rectangle and retraces on it we can use it as a BUY ZONE and taking the example of TP and SL suggested on the trade idea. Do not risk more than 1-3% of your capital. RISK MANAGEMENT.
Scenario number 2 presents: If the price is able to broke the flag and it FORMS A HIGHER HIGH from the previous HIGHER LOW. It would be our validation to continuation. We will wait for the price to retrace and it will POSSIBLE touch the FLAG USING IT AS RESISTANCE then we will place our BUY. You can take the TP and SL suggested on the chart. Do not risk more than 1-3% of your capital. RISK MANAGEMENT.
This analysis is also based on the sentiment of the DXY and the weakness that the dollar as presented on the last 4-8 Weeks.
This is not a FINANCIAL ADVISE. I do recommend used this as an IDEA to support your OWN ANALYSIS.
Comment what you think about this idea and support with a LIKE if you got some value out of this!
