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Nzdusdlong

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 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 y, and from this wave c, waves 1,2,3 are formed. And now wave 4 has started, wave 4 according to wave 2 is probably flat, which is long in time and shallow in price. Preferably, we will specify a more accurate target in the next analysis. 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!❤️
Long
by mahdisoltaninjad
3
NZD/USD: Long opportunity on this change of perspectiveHello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the asset , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies. Monthly timeframe: Weekly timeframe: Daily timeframe: 4 hours timeframe: The price’s almost reached the high value line of the channel and it will retest it soon. Considering a rejection from a strong demand zone and the most trading activity on the higher part of the previous channel, there is a possibility of a trend change from downtrend to neutral and then, eventually, a movement to the upside. When, where and why would I step into the market? Before entering long in this market, I will be waiting for the price to break the previous downtrend channel, consolidating for a while on the bottom of the new channel (I’m looking for a consolidation to have more sign of demand), then I’ll be looking for a good entry point with a RRR of 1:2 or greater. My SL would be on the bottom of the new channel and the first TP on the middle line of the uptrend channel. If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses! Trade safe and responsibly, Gianni DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose
Long
by UnknownUnicorn18552923
21
NZD/USD: Short-Term Plunge Met By Reversal HigherThe NZD/USD recovered from the swift spike downwards which was displayed yesterday, as the U.S. Federal Reserve policy statement caused havoc in Forex. The 0.67000 came within sight briefly, but a strong reversal higher energized in reaction and the NZD/USD is now traversing near the 0.67750 ratio as of this writing. Speculators should expect more volatility, but hopefully steep spikes downward will not be part of the trading landscape now that clarity has been put forth. The NZD/USD certainly continues to trade within the lower realms of its price range, and yesterday’s spike towards the 0.67000 juncture tested marks not seen since early November 2020. While some traders may stick to the notion the NZD/USD has been oversold and will begin to perform a rebound higher may be proven correct over the mid-term, questions persists about the bearish trend which has been displayed since the last week of October 2021. Yesterday’s reversal higher off of lower depths was a healthy reaction, but the question for technical traders now is if momentum can be sustained.Resistance levels will have to be challenged upwards before conservative speculators may feel comfortable to try and join a contrarian trading notion. The mark of 0.67920 appears to be an important ratio near term. The high in this morning’s trading was around 0.67780, but the reversal higher met headwinds. The U.S. Fed's monetary policy statement yesterday now allows speculators to focus on their charts and consider what they have seen transpire with the NZD/USD the past few months. It is possible the NZD/USD had a strong dose of selling action develop because of potential interest rates to come from the U.S. and now that this policy has been ‘confirmed’ and is still anticipated, maybe traders will start to look for the potential of upside momentum to develop. However, support near the 0.67600 level short term should be watched, if it proves vulnerable today another move lower towards the 0.67500 to 0.67400 could be quick hitting targets. Choppy trading in the short term will likely be demonstrated today and tomorrow as financial houses try to decipher equilibrium. Short-term traders should be ready to use entry orders with specific prices to guard against volatility in today’s market. If current support levels sustain, looking for upside action towards the 0.67850 to 0.67930 levels may be a worthwhile wager. NZD/USD Short-Term Outlook Current Resistance: 0.67800 Current Support: 0.67560 High Target: 0.67940 Low Target: 0.67270
Long
by SmoothJB
NZDUSD - Buy to Sell ModelHi everyone! Today i'm looking at a sell on the NZDUSD to round of the week, this entry is based on the volume profile and POI on the 5m and 15m Timeframe. I will be waiting for a break of orderflow before entering. ENTRY 1 BUY LIMIT @ 0.67884 Stop Loss: 0.67867(Add Spread) TP 1 (1R): 0.67902 (Stop Loss → Break-Even / Scale-In) TP 2 (3R): 0.67938 (50%) TP 3 (5R): 0.67974 (20%) TP 4 (10R): 0.68063 (20%) ENTRY 2 BUY LIMIT @ 0.68129 Stop Loss: 0.68162 (Add Spread) TP 1 (1R): 0.68097 (Stop Loss → Break-Even / Scale-In) TP 2 (3R): 0.68032 (50%) TP 3 (5R): 0.67967 (20%) TP 4 (10R): 0.67804 (20%) Is anyone else looking at this?
by lakishnarayan
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 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 completing. We are inside the wave c of the wave y and from this wave c waves 1, 2, 3 are formed and the last 2 waves, ie wave 4 and wave 5, must be formed. We specified the form of formation of these 2 waves and After the formation of these two waves, the price will rise to the price of 73230. If Fibo 0.618 is broken, this wave will lose some of its credibility. 🙏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
6