Nzdusdlongsetup
NZDUSD Trading Plan - 28/Jan/2024Hello Traders,
Hope you all are doing good!!
I expect NU to go Up from here.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
How To Use Time Frame Combination For Swing Trading OANDA:NZDUSD
OANDA:EURUSD
Hello Traders,
This video will show you how to use time frames and combine them for swing trading from a higher time frame to a lower time frame.
I use recent NZDUSD and EURUSD move to frame swing trade opportunities from a higher time frame to a lower time frame.
I hope this video helps you.
Don't forget to give me a like and a follow for future updates.
If there is anything you want me to cover, drop a comment on it.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD
- NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast.
Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time. And RBNZ made a 75 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.6321 LEVEL..
After that, it can go up to 0.6703 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD
- NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast.
Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time. And RBNZ made a 75 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.6326 LEVEL..
After that, it can go up to 0.6703 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD
- NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast.
Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time. And RBNZ made a 75 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.5974 LEVEL..
After that, it can go up to 0.6550 LEVEL.
NzdUsd BuyI am buying NzdUsd as it broke the previous resistance and re-tested it. The next stop is when it hits the trendline, once it hits the trendline, I will start looking for short opportunities.
Should it fail to reach the trendline and breaks the bottom support, I will start looking for short opportunities
20 REASON FOR LONG NZDUSD 1: Structure analysis time frame: 4 HOURS
2: Profit target time frame: DAILY
3: Trade type: SWING
4: Entry Time Frame: H4
4.1 Entry TF Structure: BULLISH
4.2 entry move: CORRECTIVE
5: Support resistance base: H4 FAIR VALUE GAP
6: FIB: DISCOUNTED AREA
7: candle Pattern: DOJI REVERSAL
8: Chart Pattern: FLAG
9: Volume : SUPPORTIVE
10: Momentum UNCONVENTIONAL Rsi: SIDEWAYS TO BULL
11: Volatility measure Bollinger bands: MIDDLE BAND SUPPORT
12: strength ADX: BULL
13: Sentiment ROC: RETRACEMENT
14: final comments: BUY AT 15 MIN COMFIRMATION
15: decision: BUY
16: Entry: 0.5775
17: Stop losel: 0.5745
18: Take profit: 0.6090
19: Risk to reward Ratio: 1:10
20:Excepted Duration: 7 DAYS
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS - NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and some strength in the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES also fell down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. AUD, NZD, CAD, CURRENCIES SELL in these few days due to MARKET RISK OFF again in this week.
- Thus, COMMODITIES are selling quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.5929 LEVEL. And after that, if the MARKETS RISK is ON, you can definitely BUY until the NZDUSD 0.6253 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
NZD/USD Long EntryHey Guys!
Wild markets! As you guys know, I aborted the previous short entry 2 days ago for a small profit and just took a long entry several minutes ago at 0.6786 with a stop loss at 0.6774 and its main target at 0.6925.
This video explains the reasoning behind this long entry as well as key trade management I plan to implement.
Again, there is volatility in on this pair, so I'll keep you guys updated for any changes in trade management.
That's it! Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
NZD/USD SHORT BUY OPPUTUNITY .......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
NZDUSD🔥🔥🔥🔥🔥🔥🔥🔥🔥 OUTLOOKNZDUSD (1D) have broken out of 0.71750 area and is bound to retest the OB that pushed price to that break. I would like to see a reversal sign at 0.69693 area before i can confidently BUY the pair for a good gain with low risk.
Consider placing SL below 0.68750 area
PLEASE LIKE, COMMENT AND FOLLOW ME.......🙏🙏🙏🙏🙏🙏