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Nzdusdsell

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
2
NZDUSD - Trade Setup & Full Analysis BreakdownWelcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on NZDUSD, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner. Feel free to comment a pair or subject you would like me to cover next. Trade Safe Alpha Trading Group.
Short
by AlphaTrading-Group
Nzd / Usd is still looking for sell opportunities.Nzd / Usd is still looking for sell opportunities. after this analysis is running s3.tradingview.com This pair seems to form a compression pattern, there are 2 points of view at this point that I find. 1. when the price is bumped by the blue line R (resistance) as a key level, then falls deep enough, the price will try to retrace back towards the blue trendline and then back down. 2. With the price being compressed, there is a high probability that it will compress at some point following the red line and come back down. then what should be done? when is the best transaction that can be done? we can sell when the price approaches the R area or touches the red upper line.
by Hokusai_FX