NZDUSD LONG: Interesting Price Action
Taking a Weekly approach to chart analysis, price is trending on a decline channel. A Test of 0.61367-0.60069 (Support) is likely to have Price retest 0.66222 respective of the channel and its median.
Additional lag area for upside target includes previous Buy-zone (red-rectangle).
*Extra levels added contrary to previous NDSUSD idea.
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Nzdusdforecast
NZDUSD LONG: Interesting Price Action
Taking a Weekly approach to chart analysis, price is trending on a decline channel.
A Test of 0.61367-0.60069 (Support) is likely to have Price retest 0.66222 respective of the channel and its median.
Additional lag area for upside target includes previous Buy-zone (red-rectangle).
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NZDUSD 4Hr Long! As is Price is trading above marked Buy-Zone with two lag-zones ahead of price as noted on chart.
See other NZDUSD ideas under profile for earlier noted advanced targets:
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NZDUSDin relations to impulsive market behaviours we are playing the pullback to secure new highs in the bearish market
sell limits above or buys below - same outcome - patience & execution with price
liquidity is picking up and we are in over sold territory - actions speak louder than words
anticipation - react - execute
cheers.
NZDUSD approaching daily key supportbearish trend momentum doesn't look tired at the moment and we must wait for further price deceleration on this pair, if buyer managed to hold price at 0.6340 key support level then we have a chance to go long. be patient!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
NZDUSD Long: What if Price Tests $0.63666? Currently NZDUSD is trading few pips above a Great Buy-Zone.
A test of this zone increases the chance of price advancing to the upside (when the time is right) to a high in the region of 0.67257.
A high target of 0.67257 has chance to get altered only if Price tests lower targets 0.63079, 0.63004, and 0.61853.
Other factors that may hinder (or slow-down) achieving 0.67257 Long-term target are existing trend-lines not included here for the purpose of keeping charts less cluttered.
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NZDUSD LONG: What story does Price-Action have?On 4Hr NZDUSD Chart analysis, price has upper trend-line on decline and trading potentially in decline channel.
Second and important observations are two buy-zones-- one failed and the other yet to be tested.
Plenty of trading opportunities (with the trend or counter-trend) are available by trading the available setups.
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Trading Pathways Analysis of NZDUSD H4 Chart
The outlined white arrow pathway is the predicted pathway that the NZDUSD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where NZDUSD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
#NZDUSD, Time to sellThe nzdusd after rising 500 pips from $ 0.62 to $ 0.67 is stopped at the moving average 100 line used as a resistance line.
The NZDUSD weekly graph is still in decline.
The Stochastic signals Overbought with a chance to change the current (rising) trend.
Because of our proximity to the resistance line, it makes the signal more secure
Target: 0.6560
NZDUSD, ascending broadening wedge pattern has formed!Plan : wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDUSD forecast on H5, potential double top formation!!**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDUSD H4 H&Swe have up trend chart but candles are going weaker and change to dogi
for me that means the chart is changing his path!!!
on the other hand we have H&s patteren. I wait for breaking neckline
we have at least 1:1 risk/reward ratio. my first profit target will be 0.652
keep your eyes on this chart
NZDUSD forecast on daily Note : NZDUSD has reached an important resistance level right now, we will wait for the price rejection that will occur at that level ;)
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX