Nzdusdshort
NZD/USD about to fall!Hey tradomaniacs,
NZD/USD just tested a strong key-resistance-zone and is likely to fall due to a reload of sell-limits at the top combine with weak aggressive buyers which are not interested to lif the offer yet.
If those don`t get filled it is likely to see a drop here.. at least another correction of zones of more open interest.
What do you think?
NZDUSD DAILY: TARGET 0.6529 DONEAs expected, Target 0.6529 is DONE, ater broke below 0.6864, which Canceled Bullish Outlook.
Break & Hold Below 0.6488,
Bearish Continue,
Potentially Target 0.6382 & 0.6340.
Resistance 0.6529 & 0.6646.
Break Above 0.7034, Buliish Resume, Potentially Testing 0.7218.
Break Above 0.7218, Potentially Testing 0.7316 & 0.7464.
NZDUSD | LONG BUY!!NZDUSD | PARALLEL CHANNEL
NZDUSD has been trading in bearish parallel channel and the price has approached to the support zone.
We have mutiple sign for reversal from here;
a) Bullish divergence on support
b) Consolidation box
c) Support Channel.
We remain watchful and long position will be taken once our criteria is fulfilled.
NZDUSD price might reverse next week, still BEARISH LONG TERMThe NZDUSD price is still playing the trend of going down, just like the other pairs with USD. And also, there might be a possible retracement next week given the fact that it looks exhausted on the indicators that we are using.
However if we are going to look at the higher timeframe, it still looks bearish and just the start of it. I just said it might reverse next week because there is no pair that goes one direction, retracement is always part of it.
PS. I am a swing trader and that is why I am saying it haha
NZD/USD - Potential Sell Setup on 1HPotential Sell Setup on 1H timeframe after secret pattern was formed. Trade at your own risk. All trade base on technical analysis and secret pattern.
Sell Zone: 0.67759 - 0.67955
Deduction: Now just wait patiently for the price to make pullback to the sell zone. I usually go for 1:2 Risk Reward with Stop Loss 50pips and Take Profit 100pips.
NZD/USD Short Entry UpdateHey Guys!
My long entry I took last week at 0.6804 with a stop loss at 0.6724 and its main target at 0.7034 was just stopped out.
In this video, I explain the reasoning for the long entry, moreover, what happened that lead to its failure and what I learned from this loss.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
NZDUSD | BEARS IN CONTROLNZDUSD | BEARS IN CONTROL
NZDUSD on daily timeframe has broken down the bullish parallel channel and trading below it.
On shorter timeframe, 1 Hour, Price is making lower highs and lower lows and approaching to 15th march low.
We are expecting bounce from that area.
Trade your levels accordingly.
Joe's Gun2Head Trade - Lower prices expected in NZDUSDThe price has broken out of a channel pattern to the downside, which to me indicates we will see lower prices.
We have rallied to a 50% Fibonacci level on the 60min chart, therefore I am looking for a trip back to the recent lows.
Entry: 0.6819
Stop: 0.6838
Target: 0.6754
NZD/USD likely to FALL!HEy tradomaniacs,
NZD/USD is testing the current upper trendline of the trendchannel and retraced the previous breakout which is giving us a great opportunity to follow the recent impulse to the downside.
Technically a great chance to sell if risk-off-mood stays in the market.
What do you think?