NZDUSD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity NZDUSD
I still did my best and this is the most likely count for me at the moment.
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Nzdusdsellanalysis
NZD/USD SELL SIGNAL
Hey tradomaniacs,
NZD/USD:Daytrade-Preparation
Market-Sell: 0.67075
Stop-Loss: 0.67195
Point of Risk-Reduction: 0.66990
Take-Profit: 0.66585
Stop-Loss: 12 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
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Peace and good trades
Irasor
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💡NZDUSD SHORT IDEA💡Im looking for a short on NZDUSD soon. Completed top down analysis from the Daily chart to the 30/15m chart to look for entries, using simple price action strategies. You can see that there is a triple top reversal pattern which indicates price could start to reverse and become bearish. Im going to wait for price to break below my box before I take any positions.
What do you think?
Comments welcome!!
NZD/USD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
NZD/USD: Daytrade-Execution
Notice: Risky ahead FOMC-meetings tomorrow as market is really choppy! Rather stay out if you don`t like trading with a higher risk.
Market-Sell: 0.72030
Stop-Loss: 0.72155
Point of Risk-Reduction: 0.71920
Take-Profit: 0.71750
Stop-Loss: 12 pips
Risk: 0,5% -1%
Risk-Reward: 2,35
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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NZD/USD - re-test of weekly resistance and daily resistance zoneAfter a bearish start to NZD/USD price action this week, price found support at 0.6525 and has been pushing higher ever since. The bullish momentum over the past two days has seen price move back above the psychological level of 0.6600.
At this current time, due to the break below the main daily ascending trend zone at the start of August, we are still favouring short opportunities on this currency pair and see this latest bullish push as a potential to enter short. That being said, we are hanging back from USD pairs today as a result of the Fed's speech and Initial Jobless figures later today - we recommend doing the same.
Back to price on the NZD/USD - price is now running into a daily resistance zone between 0.6660 and 0.6690, along with the weekly resistance zone. This confluence means, once news has passed today, we will be looking for short opportunities. If price closes above 0.6690 this analysis will be invalid.