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.
Nzdusdshort
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?
Good sell opportunity on NZDUSDHello traders,
NZDUSD broke below the rising trendline support as we see on 4 hour timeframe the chart on the left. On daily timeframe, price got rejected from the resistance of the falling channel and fell. I expect price to continue declining. My initial target is 0.66087.
Please support this idea with likes if you find this beneficial. If you have any thought please share in the comment section below. I will be glad.
⭕️SELL NZDUSD at the best Place and Time❗️🔎⭕️You see the analysis of New Zealand dollar against US dollar in daily time (NZDUSD , D1)🔎
🔰As can be seen from the analysis, the price moves in a bearish channel where the channel lines are marked in white. Due to the presence of the price in the purple demand range and the upper line of the downtrend channel, it is possible to sell and set the target at the intersection of the support line (orange line) and the uptrend line (white dashed line).🔎
Expected price movement is marked with a yellow line.🧐
The profit and loss limits are clear in the image❗️
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
__________________📈TRADER STREET📉____________________
NZD/USD Short Entry UpdateHey Guys!
The daily bias was short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034.
So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724.
However, there were signs of lower time frame strong long strength kicking back in, so I just abort the short entry at 0.6877.
In this video, I explain the reasoning for the abort, and moreover what I'll be looking for in terms of trades on the nzd/usd.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
NZD/USD Short TradeHey Guys!
The current daily bias is short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034.
So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724.
In this video, I explain the reasoning behind the daily bias and some key points I'm looking at for trade management.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
Thu 7th Apr 2022 Daily Forex Charts : 3x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 3x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/USD Sell, GBP/CAD Buy & NZD/USD Sell. Just watch the correlation and overall risk here. Enjoy the day all. Cheers. Jim
NZDUSDThe New Zealand dollar initially tried to rally during the week but has run into a bit of resistance near the 0.70 level. By giving up those gains, we have formed a “two-week shooting star.” If we break down below the bottom of the candlesticks that make up the last two weeks, it is very possible we could drift towards the 0.76 handle, maybe even as low as the 0.65 handle over the longer term. This obviously would be a “risk-off” type of move.