NzdUsd- 0.68 is my medium term targetFor a month now NzdUsd is consolidating in a tight 100 pips range.
A break of this range is inevitable and the pair should find a clear direction afterwords.
In my opinion, this break will be to the downside and I'm considering 0.68 as a medium-term target for short trades.
A clear break above 0.73 would negate my bearish bias
Nzdusdsell
NzdUsd- Big drop aheadIn my opinion, a big drop for NzdUsd is just around the corner.
The rise from 0.7 is clearly corrective in nature and 0.73 seems very strong resistance and bears are strong before that figure.
A break under the trend line would confirm my outlook and I expect at least 0.7 to be reached sooner rather than later.
Of course, a close above 0.73 would negate this bearish scenario
forex | nzdusd multi timeframe analysis - long term sell tradethe monthly time frame we are in a clear up channel and I recognize important key levels that treated as support and resistance in the monthly chart.
In the weekly timeframe , we see the clear rejection for the monthly key level with the red candle moving to the daily chart we see rejection also and the price was in an uptrend and that trend has been broken with a strong red candle.
so from now, I'm looking for selling signals not interested in buying and that is aligned with the COT perspective.
#nzdusd #nzdusdtoday #nzdusdanalysis
forex | nzdusd multi timeframe analysis - long term sell tradethe monthly time frame we are in a clear up channel and I recognize important key levels that treated as support and resistance in the monthly chart.
In the weekly timeframe, we see the clear rejection for the monthly key level with the red candle moving to the daily chart we see rejection also and the price was in an uptrend and that trend has been broken with a strong red candle.
so from now, I'm looking for selling signals not interested in buying and that is aligned with the COT perspective.
#nzdusd #nzdusdtoday #nzdusdanalysis
NZD/USD sell set-up after bearish candle in supply areaNZD/USD has printed a bearish candle on the daily chart.
The bearish candle has formed at the supply zone. So, the chances of further drop
can not be ruled out.
If the bearish price action in the lower time frames continue , then selling
NZDUSD@0.7270-0.7304 with SL above 0.7735 and TP at 0.7150 would be a possible
sell signal.
NZD/USD New Short Trade With 1:4 Risk Reward Ratio !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/USD uptrend appears to be coming to an end, potential sellNZD/USD has recovered well for the last two weeks. However, the recovery is facing
some resistance in the resistance area.
From the chart, you can see that price has dropped from the resistance zone. Price has
also created a small rising wedge pattern which is a bearish sign.
So, there's a good chance that NZD/USD will drop from the current resistance area.
A sell between 0.7200-0.7230 with SL above the resistance area and TP at 0.7050 seems
possible.
NzdUsd- Drop to 0.7070 supportAfter a short-lived dive under 0.7 psychological figure, NzdUsd reversed and has risen above 0.72
In this liquidity zone, the pair found strong sellers and it looks like a dive to 0.7070 will follow from this point
I m bearish this pair as long as the price is under 0.7250
NZD/USD New Short Setup Avialbe With This Head&Shoulders PatternThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDUSDFollow up on #NZDUSD
Hello friends.
This market made an impulse move to the downside as you can see on the chart, no I expect the market to correct to FIB 38 level, also resistance level and 0.7100 number.
if the market retraces to my kill zone I will drop a one-time frame looking for a rotation pattern to get a short trade for trend continuation entry
NZD/USD Finally Broke Supp And New Setup Here To Catch 250 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions