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Nzdusdsell

NZD/USD could FALL AGAIN!Hey tradomaniacs, NZD/USD showing a great fakeout? Previous approach to break through the key-resistance failed as the stockmarket suffers from a lack of bullish continuation which is giving the US-DOLLAR more strenght. A retest and rejection of the resistance-zone could give us a great short-opportunity as soon as confirmed! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
Forex Forecasts: NZDUSD an opportunity to Sell After the strong rise of the NEW ZEALAND DOLLAR / U.S. DOLLAR pair, due to the big push that the dollar experienced against most of the major currencies. The correction started after the reversal candle on the weekly frame, which actually supports the presence of a down correction. In the short term, the pair was able to break an ascending channel on the hourly frame, as well as forming a head and shoulders reversal pattern, and was able to break the neckline. A retest of the neckline and a broken ascending channel is a good opportunity to sell from 0.7028. Goals, respectively, 0.6902 and 0.6814
Short
by TradingFleet
NZD/USD SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation. NZD/USD: Daytrade-Preparation Market-Sell: 0,70545 Stop-Loss: 0,70725 Point-Of-Risk-Reduction: 0,70420 Take-Profit: 0,70255 Stop-Loss: 18 pips Risk: 0,5% - 1% Risk-Reward: 1,70 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
NZD/USD could DROP soon!Hey tradomaniacs, NZD/USD is currently forming a potential Double-Top-Pattern after an attempt to break above the monthly key-resistance. The DAILY RSI is showing an completly overbought situation causing NZD/USD to consolidate with a weaker performance compared to its competitor AUD/USD. A break below the 50 EMA, Trendline and horizontal support-zone could cause more momentum to the downside and give us a great opportunity to short. A risk-off-sentiment in the stockmarket woulde confirm this idea in terms of correlations. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
5
NZDUSD – Speculative short entry worth to tryNZDUSD has been moving up in a very corrective manner over the last several weeks. Its no secret that from the beginning, when this pair reach the top rea of daily ascending-channel structure, I’ve always been looking for a sell setup. However, this pair never give me the confirmation to trigger a short entry, instead it keeps moving up inch by inch with little / no momentum at all. Actually, in a time like this we need a bit confirmation by waiting for at a rejection impulsively to the downside (At leash in H1 / H4 TF) and waiting for the break 1 st bearish continuation pattern to confirm the move to the downside. However, this time I choose to take a speculative sell entry at the top before waiting for the confirmation. Its because I see te price is in the top of multi TF corrective ascending channel / Rising wedge right now and even reaching this area with structural approach in Lower TF. I will take a short entry here right now with 30 pips sl at 0.70700 while risking only 1 % of my account on this trade. I think this trade is worth to try, considering how big the risk reward ratio of this trade is and still so much potential to the downside even in the long run.. Lets see how will this pair plays out. Good Luck __________________________________________________________________________________________________________________________________________________________________ Here is the MOA FX technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger. __________________________________________________________________________________________________________________________________________________________________
Short
by moa_trading_journal
NZDUSD SELL OPPERTUNITYLooking at NZDUSD a potential sell opportunity. Price has undoubtable shot up over recent weeks for NZDUSD. In fact, price hasn't reached the current heights since June 2018! The Relative Strength Indicator (RSI) is showing us the market has been overbought. We can also see the Ascending Trend which has the potential to break. Therefore, I will be opening a 'Sell Stop' trade. If price hits the 0.69946 my position will automatically open and I will have the Take Profits set as per my chart. SL: 68 pips TP1: 41 pips TP2: 108 pips Risk to Reward Ratio: 1.55 Remember to LIKE, COMMENT and FOLLOW for more trade ideas! @newgenforex on all social media platforms :-)
Short
by Xpressforex
NZDUSD SHORT - PRICE HAS JUST REACHED A KEY WEEKLY LEVEL!Price has been moving in a corrective ascending channel on the daily chart and is now testing a strong level of weekly resistance. NZDUSD has been in this channel for a few months now and has just reached the upper trend line of the channel for a 3rd test. Whit this test price has shown us good signs of rejection on the H4 timeframe and a possible swing to test the previous daily level (blue line below price) is looking likely and if we see a break through that level we could see a longer swing to reach the lower trend line of the daily channel.
Short
by mikoaodu