Nzdusdshort
NZDUSD Short : Tweezer Top Detected on 1Hr Timeframe Down Trend: A series of LL and LH
Short Reason: An entry was taken upon the tweezer top. It indicates that the price will move downwards from this point.
Support and Resistance: Blue lines show the weekly support and resistance whereas red lines show the daily resistance.
SL: It is placed at the previous LH of the chart.
TP: First TP is near the closed support and the second tp will be defined afterward.
NZD/USD:UPDATE| FLAG PATTERN | PRICE IS FALLIN...Hello Everyone, I hope you'll Appreciate our Price action Analysis !
Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools.
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NZDUSD – Classic breakout-pullback setup for the week of 04 JulyPreceding trend – bearish
Current price action – Pullback to a major level
My chart shows exactly what I am seeing and anticipating. Note that a recent breakout-pullback on the bullish side recently worked out well too. I will be looking for an entry on H1 time frame.
We can have a large target here, as the next major support I can see is way down to 0.5920. I intend to place my initial target at 2R and then look to extend it if price action shows me that we have good momentum with the bears.
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Always use sound money and risk management and stay patient in all your trades.
NZD/USD: DOWNTREND | BEARISH CHANNEL | SHORT SETUP🔔Hello Everyone, I hope you'll Appreciate our Price action Analysis !
Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools.
Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE!
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
If you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Have a Good Take Day_Profits !
Nzdusd---FAKEOUT or BREAKOUT??????NEITHER!.
Am not going to try to PREDICT where the market will go, only GOD can do that.
Am just going to wait for price to choose a direction and REACT to that.....
Am seeing that the fakeout option offers a high RR of 1:4, so am praying for that direction as I get to make more money.
Targets and stop on the chart, if am wrong I lose 1R, if am right I get 4R, and there is a 50:50 chance......so worth the risk!.
Like & Subscribe..... Let's SWING it, guys....
NZDUSD - Another Leg DownWe truly believe we are going to see another leg down to finalise a large-stop hunt on buyers.
Once we breakout past 0.61130 there is clear confirmation for us to begin taking our short positions. With NZD losing strength overall for the year, we can expect more leg down after each suppression zone.
NZDUSD is definitely one to watch out for! Avoid touching it until we get out of this messy range on the lower timeframes.
NZDUSDHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
NZDUSD: Weekly Demand!Wow, price has finally reached the weekly demand zone we have all been waiting for!
Will we see immediate price reaction?
OR
Will we see a slow compression delivery to manipulate key level buyers before the true bullish move into the break and retest liquidity comes in?
Vote BELOW!
NZDUSD Downtrend Continuation?NZDUSD has been in a downtrend for quite some time and has recently broke through a strong level of support. Currently, price has pulled back to the level and I am patiently waiting for a rejection and a short to set up. If price does begin to fall again, I expect it to reach the 0.61 level before any reversal occurs.
NZDUSD D: BEARISH PRESSURE BELOW 0.6216 TARGET 0.6081.NZDUSD rebounded from May Low (0.6216), but rejected around 0.6568 then broke down below 0.6340 and retest May Low again.
As I said at previous idea:
"Even though oversold and vulnerable for short term rebound, anyway, Break & Hold Below 0.6340 still in downtrend, Next Potential Target 0.6216."
Now, Bearish pressure is on again. Break & Hold Below 0.6216, Potential Target 0.6081.
But, Failing Hold Below 0.6216, then NZDUSD could rebound, and Potentially Retest 0.6568.
If rebound continue, Break Above 0.6568 would Cancel Bearish Outlook.
💡Don't miss the great sell opportunity in NZDUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.6465).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 33.
Take Profits:
TP1= @ 0.6415
TP2= @ 0.6365
TP3= @ 0.6291
TP4= @ 0.6216
TP5= @ 0.6112
SL: Break Above R2
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