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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Nzdusdforecast
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
NZD/USD: Nice chance to sell!Hey tradomaniacs,
as you can see onm the weekly chart we are currently retesting the Trendline of the primary trend.
Additionally we are right at a horizontal key-resistance and should wait for a rejection and confirmation in the smaller time-frame here.
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Peace and good trades
Irasor
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NZDUSD: Key Resistance at 0.6436 - Barrier Triangle PossiblePrice may yield a rather interesting structure - a barrier triangle. For this to materialize, two things need to happen: (1) Price must respect key resistance at 0.6436 and, (2), the formation of wave E in the triangle must not overlap wave C, as this will be the invalidation point if the triangle plays out. We don't yet have a buy setup. Stay out and wait for confirmation.
NzdUsd towards 0.6600?From the beginning of September NadUsd has formed a H&S reversal pattern. Now the pair is consolidating just under the neckline resistance and it seems that is accumulating pressure.
A break here would expose 0.65 psychological level and 0.66 for a swing target.
Strategy:
Buy the market
SL @ 0.6360
Target 1 @ 0.65
Target 2 @ 0.66
#NZDUSD, Returning to the ups?Upward trend on the daily chart.
Stochastic Indicator approaches the Overbought upper value.
We have drawn a resistance line at 0.6450 in the graph above as you can see the nzdusd has trouble breaking the above line.
Buy only having a resistance line break
By then Sell with a target of 0.6330
NZD/USD: Weekly Outlook and TradingplanHey tradimaniacs,
welcome to the weekly preparation of NZD/USD.
Check all the charts to see details. ;-)
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)