NZDUSD Sell SetupEnjoy a free signal before the week gets started
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We have reached a major daily s/r area where market historically has had steep reversals
This would be a great opportunity to catch the trend reversal
Also we have 2 major monthly downtrend and uptrend lines colliding
Market has respected the monthly downtrend line, soon as it reached we saw a rejection twice
then market fell below the monthly uptrend line, came back up to retest and saw a rejection
We have broke and closed below the 12hr uptrend line
I want to to market go up and test my major 3hr s/r area
Currently we are just waiting for the best entry our chances look good.
NZDUSD FX:NZDUSD
Sell Limit: 0.6500 (Best entry takes the most patience)
Stop loss: 0.6560 (60 pips risk)
Take profit: 0.6275 (225 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 3.75 (225/60)
Sell Stop: 0.6465 (Only when market goes above this price will you be able to execute this order or you can use a sell limit)
Stop loss: 0.6560 (95 pips risk)
Take profit: 0.6275 (190 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 2.00 (190/95)
Nzdusdsell
NZDUSD SHORTThe US dollar has been making a slow recovery, especially if you look at the DXY. A lot of my USD pairs I'm in short this week. Anyways, This pair has impulsed down and making a flag formation, it could either go up or down. On the daily it looks like the formation of a morning star to the upside. If it does will be looking for a short at the triple top area on the horizontal ray. Will be taking that trade if it correctively gets there, if it impulses with high momentum, I will be sitting on my hands waiting for another set up. The more probable move is the continuous bear flag formation where ill be taking a trade at the top of the trend line either on the 2nd or 3rd tap, depending how it moves for the impulsive downside move.
NZD/USD could move DOWNHey tradomaniacs,
looking at the key-levels of NZD/USD it looks like we are finding a decent rejection.
If the weekly-candly closes below the resistance-zone and Trendline we could see at least another pullback down in order to see a healthy trend upwards.
Still concerning is the current fundamental situation which is in fact more than chaoctic.
The real economy does not look as good as the stock-market prices in and Jerome Powel recently clearly emphasized that the recovery of the economy would take longer than the market expects. (V-Shape).
Now this divergence between the real market and the stockmarket is more than alarming and we can expect to see another risk-off-sentiment as this is a typical "housewife" market every retailer wants to be invested in, which is obviously taking out liquidity for the big players to go long or even providing liquidity for the short-stacking algos. #FEDBUBBLE
A risk-off-sentiment would cause a drop of NZD aswell as AUD.
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Peace and good trades
Irasor
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sell at 0.6432 with 2 take profit in 24-48h max1 overbought much
2 rsi bearish divergence in 2-3 time frame and she is long
3 indices are upà and need a correction (that includ'e aud and nzd down as all timer in small risk off coming)
4 up so mpuch during 2 week
5 under big resistance and 0.6500 are a psy level
NZD/USD Price Outlook and Trading PlanUS Dollar weakness across the board and positive market sentiment has given the NZD/USD bulls opportunity to continue the uptrend.
I have explained the possibility of a weak USD Cycle over the next few years in my EUR/USD market commentary.
This gives opportunity to high-beta currencies like New Zealand Dollar, Australian Dollar and other EM currencies to appreciate against the US dollar.
So, buying the dips is preferred while trading NZDUSD. 0.6450 is a short-term target for the NZDUSD bulls and 0.6750 also remains a possibility.
sell #nzdusd at 0.6215 and take profit at 0.6152sell #nzdusd at 0.6215 and take profit at 0.6165 so 62 pips gain short time 24-72h overbought much and market for now ignoring ~us #china tension + stock are overbought and so far up^so when will down..#nzd will follow #audusd #eurnzd #nzdjpy #gbpnzd #nzdcad #COVID__19 #dollars
yep while a tweet wiill soon come from Trump or White house and those from china will have a faster pullback
also i enter in 2 lot for secure gain,my used method
1 lot will close at half profit around 0.6190 and the 2,d lot will makle a stop at near my entry point like 0.6210 ..like that i secure gain and gurantee 0 loss..those kind of trade no stop loss as the rsi in near all time frame is up 85.. will need a bad luck to get a flash krach iin the upside lol..yues big unluck..but u can made a stop 25 pips up entry points,and also use trailing stop while u start got 10 pips profit
NZDUSD Sell signal setupHeres my analysis on NZDUSD before the week gets started.
enjoy a free signal.
trade at your own risk.
SELL
Symbol: NZDUSD
Entry: 0.6100 (Sell limit)
Best Entry: 0.6125 (Sell limit)
Stop Loss: 0.6180 (-80 to -55 pips from B.E.)
Take Profit: 0.594 (+160 to +185 pips from B.E.)
Take Profit 2: 0.585 (+250 to +275 pips from B.E.)
NZDUSD to reverse from downside confirmation, potential drop!
NZDUSD to reverse from its downside confirmation at 0.61143 where it could potentially drop further to 0.60455.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.