Long term short Hello traders,
Let’s look long term on this pair;
As you can see we have a clear market structure and the price is making now a new HL.
The 60% fib is also there; at this point I think the price will drop for a new LL.
This is long term in investment; it’s very important to have a good money management and always use stop loss.
What do you think about this w?
Nzdusdshort
NZDUSD Are we failing to continue higher?Hi Traders,
NZDUSD had continued to create bearish price action which trapped a few traders (including myself) of going short when it just wasn't ready.. instead it created a new high and I believe it is almost exhausted to push higher. Looking for an impulse push down followed by a correction before looking for another entry.
What's your view on this pair? Share a comment below and let me know.
Trade safe, follow your trading plan!
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NZD/USD: DOWNTREND | BEARISH CHANNEL | FIBO SHORT SETUP🔔Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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NZDJPY TO BREAKOUT SOON?Since the consolidation from Feb 15, this pair has not been so good to look at. Price is stuck in a range, but we might see a breakout soon.
Price just bounced off the support area of the range at 76.700 and this could propel the breakout.
I'm waiting patiently to see uptrend continuations back into play, so that I can continue to take Long positions.
NZD/USD Short Entry UpdateHey Guys!
The current Daily Bias is short. Or in other words, price is likely to reach 0.6592 before reaching 0.6732.
As you guys know I took a short entry on last Friday at 0.6722 with a stop loss at 0.6732. with the main target at 0.6592.
Today I took a 2nd short entry at 0.6715 with the same risk parameters as the initial short entry.
But remember! Due this daily short bias being a little shaky, I may take targets early at the first sign of impeding short term long strength.
Again, this Daily short bias does seem a little shaky. Thus, any short term long strength forming will signal an abort for me.
I'll keep you guys updated!
That's it!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
NZD/USD Short EntryHey Guys!
The current Daily Bias is short. Or in other words, price is likely to reach 0.6592 before reaching 0.6732.
So I took a short entry at 0.6722 with a stop loss at 0.6732. The main target is at 0.6592, however, due this daily short bias being a little shaky, I may take targets early at the first sign of impeding short term long strength.
Again, this Daily short bias does seem a little shaky. Thus, any short term long strength forming will signal an abort for me.
That's it!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
NZD/USD Likely to fall!Hey tradomaniacs,
more risk-off in equities make it likely to see a falling NZD/USD after all these choppy days.
Keep in mind that previous data have confirmed the hawkish tone of the FED which will probably result in a stronger USD.
Stronger USD plus risk-off is very bad for NZD/USD. Nice short opportunity!
NZD/USD 4HR SELL SET UPHi TRADERS this is my trade set up for the NZD/USD
NZD/USD Is coming in to a area of interest, we have a nice rejection zone, possible head and shoulders forming looking for sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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NZDUSD | The best scenario for climbing🔥Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In the count we had and in our opinion we are dealing with a leading pattern.
This pattern has definitely formed its 1st, 2nd and 3rd waves, and now we doubt the beginning of wave 5 and the end of wave 4.
Wave 4 lasted longer than everyone expected because its structure is complex and relatively normal.
In general, we give the probability of starting the next wave, ie wave 5, and we think that this recent ascent is related to the microwave 1 of wave 5, and its correction is related to wave 2, which again makes it probable that more correction will take place.
Now we are waiting for wave 3, which is confirmed by breaking the trend line and other conditions.
If the end of the previous wave is broken, we will conclude that wave 4 is not over yet.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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