NzdUsd- Will it break resistance?Since the beginning of December, NzdUsd is trading in a range between 0.6750 and 0.6850.
Also, if we consider the spike down to 0.67 the head, we can argue an H&S pattern forming on our chart with the neckline at 0.6850
At this moment the pair is trading exactly in this resistance/neckline and, considering that the previous leg up from 0.6750 has impulse we can expect a break.
That being said, my preferred strategy is to buy dips and the target for bulls can be 0.7 important figure.
This scenario is negated by a dive under 0.6750
Nzdusdlong
NZDUSD: Bulls IncomingOnce banks clear liquidity from this demand, price should build up enough momentum to tear through the holding supply into the highs.
Wait for a clear compression followed by a liquidity grab BOS before joining the buyers.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨 RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others ! ⬇️
--------------------------------------------------------------------------------------------------------
Potential Daily Almost Complete 🦇NZD/USD - Nice Daily Bat almost complete, strong downward PA along with multiple BOS, plus I've got LTF confirmations for a short down to the D point. (I've taken this trade)
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
NZDUSD Bullish Structure! Potential Swing!NZDUSD has formed a major support level on the daily and weekly timeframe. A bounce off the structure has been indicated. We now can see a potential W forming off the support. Potential for a swing buy to hold for this month. Good luck traders! trade safely. (UPDATE) I HAD MEANT TO MARK 0.73000 AS MAJOR SUPPLY ZONE. NOT DEMAND.
NZDUSD | The best point to buy🎯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 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, waves 1, 2, 3 are formed, and now wave 4 has started.
Wave 4, according to Wave 2, will probably be flat, which is long in terms of time and shallow in terms of price, and we still preferred not to specify a target.
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.
A further drop above Fibonacci 0.618 would be a very abnormal warning sign.
🙏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!❤️
NZDUSD: Pick Your Side ↗️↘️How do you think this pair will play out this week?
I have my levels of interest marked out, now it is a matter of time and patience.
“Money is made by sitting, not trading.”
- Jesse Livermore
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others!
--------------------------------------------------------------------------------------------------------
NZDUSDThe market had been falling for what seems like forever, so now it looks like we're going to try to turn things around and rally again. This will be a longer-term prospect, and it is not likely to happen overnight. To me it looks like it is probably only a matter of time before we try to regain some ground and pick things up going forward. Be cautious about your position size, but once the trade starts working on your favor you can go ahead and add.
Outlook on NZDUSD: Pullback presents an opportunity to sell On the H4 time frame, prices are testing a key resistance area. On the M30 time frame, a pullback to the resistance zone at 0.68500, in line with the 78.6% Fibonacci retracement presents an opportunity to sell to the next support target at 0.68200. Ichimoku cloud and 30 EMA are showing signs of bearish pressure as well. A break below the 0.68200 area could see prices push lower to the next support target at 0.68050.