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Nzdusdsell

Start selling for Nzd / Usd, this is a swing analysis, adjust itStart selling for Nzd / Usd, this is a swing analysis, adjust it to your trading system. I see the possibility that the current price has finished forming wave B, the price is going for the formation of wave C. If we pull out the Fibo extension, it looks like the price is at the fibo level 0.382. Usually, wave C is at least the same as wave A, guided by this theory, we can determine the TP in the blue SnD area. SL 0.67300 TP 0.63800
Short
by Hokusai_FX
NZDUSD POTENTIAL SELL SETUP AT RESISTANCE OF CHANNELPrice is at resistance of channel and resistance area of distribution range. This a good place to sell to the support of channel or to midpoint of channel where partial profits can be taken. Consider also that since this is a distribution phase, a sell may be the better option to look for as a Decline most likely follows a distribution. In essence a sell position ensures you stay in the next possible big move of this market. As always, do your own analysis as this is not foolproof and of course, nothing is set on stone in forex. Goodluck and happy trading. Cheers!
Short
by Chinedumnweke
NZDUSD SHORTNZDUSD The price on the monthly and daily time frame is walking on a channel on its way down but just right now the price is making a movement on upside which I believe it will make a fake break out reaching the purple zone near 0.691 and then coming down again to touch the middle line of the channel near level 0.592. . . . El precio en las temporalidades mensuales como la diaria están caminando en un canal hacia la baja pero en este preciso momento el precio esta retesteando la linea mayor del canal y tal vez el precio haga un falso rompimiento llegando a tocar la zona morada cerca del nivel 0.691 y después de eso esperaría que el precio vuelva a bajar y logre tocar la linea media del canal la cual esta cerca del nivel 0.592.
Short
by anaju17
NZDUSD, daily tf, sell on retest of resistanceHello my friends, Trade setup for today is NZDUSD pairs. I've marked the horizontal level and support/resistance for this pair. As you can see, incidentally we could see that price moving inside ascending channel for this NZDUSD pair. The top of ascending channel meet with the horizontal resistance so we could say sellers might come in to defend this area 0.6685-0.6900 I am gonna try selling this pair at resistance as there is a possibility price could rejected and come down again. Sell NZDUSD 0.6685 Stop loss 0.6730 Take profit 0.6595 RR ratio 1 : 2 Use only 1-2% risk Good luck Disclaimer : I sold NZDUSD from 0.6685
Short
by HayatoDragonFX
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