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Nzdusdlong

NZDUSD LongNZD gave a sharp snapback in price after hitting a recent low, NZD is due to come up in strength on the momentum meter as well as USD due a drop. We'll be waiting for a pullback to our buy zone and a confirmed rejection in or above our marked out zone before taking the trade. Several TP's as we expect price to have a reaction to trendline drawn up, we could see it pass this and come up to test daily market structure. Weekly closed strong with bearish bias so we will only be wanting to take this trade under conditions we have laid out.
Long
by Life_In_Forex
NZDUSD | The best target for climbing♻️Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In this symbol, waves 1, 2 and 3 are completed and now we are inside wave 4. Wave 4 is very long in terms of time and is in normal condition in terms of Fibo. We think this wave is complex and from this complex wave the y wave is being completed. We are inside wave c of wave y, and from this wave c, waves 1, 2, 3, and 4 have ended, and wave 5 has descended beyond what we expected. Based on our count, we see the next move ascending and consider the trend ascending until the field point (Fibonacci 0.618) is broken down. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
NZDUSD where to look for buy opportunityNZDUSD is trading with a larger timeframe channel. Price is now approaching the support of this channel. I predict it to rise from the support level. I will wait for bullish reversal confirmation for long positions to the resistance of the channel. In the case where the support gets violated to the downside and see bearish continuation market structures, I will not be interested to enter any position. Friends, please support me with likes. Thank you.
Long
by Forexintelligence_NA
4
NZDUSD | Small correction♻️Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In this currency pair, waves 1, 2 and 3 have been completed and now we are inside wave 4. Wave 4 is very long in terms of time and is in normal condition in terms of Fibo. We think this wave is complex and from this complex wave the y wave is being completed. We are inside wave c of wave y and from this wave c is formed waves 1, 2, 3 and now wave 4 has started; we thought wave 4 was flat, but according to the current trend, we give the possibility of zigzag and from this zigzag an ascent. All that remains is to continue around the ceiling of the orange channel and then descend for wave 5 of the main wave c, and this decline is confirmed if the marked red circle is broken downwards. If the Fibonacci retracement of 0.618 breaks at the price of 0.70000, it can be concluded that the correction process is complete and the leading waves are forming. Also, a further drop from Fibonacci 0.618 would be very unusual. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Short
by mahdisoltaninjad
3
NZD/USD likely to MOVE UP! Hey tradomaniacs, NZD/USD looks interesting 👉 After a fakeout below the support-zone price could start to move up with nice momentum as soon as we see a confirmed breakout! Accumulation with stop-loss-fishing in between is very typical by big players as they grab liquidity when too many retailers buy! Will wait for a confirmation here! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
1