Nzdusdshort
Sell limit NZDUSDWhat I see:
- The safest place to sell is where the strongest resistance zone is which is around 0.68568.
- Price has rejected from the resistance zone 6 times.
- Price has rejected from support zone 4 times.
- The same support zone turned into a resistance zone rejecting price twice. So a total of 6 rejections.
By the time price reaches the white horizontal dashes, price should pivot towards 0.67325.
NZDUSDNZDUSD is Currently in a Down Trend and Playing Inside Trend lines (Falling wedge) . The Point where Price is right now is not Good to Short the market as every Trader Must be Shorting it out here So Look For Opportunities to Sell the Market from Upwards Correction , which would be a Preparation to Go More Down !
NZD/USD SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
NZD/USD: Daytrade-Preparation
Notice: Waiting for a breakout!
Market-Sell-Order: 0.66960
Stop-Loss: 0.67140
Point of Risk-Reduction: 0.66840
Take-Profit: 0.66330
Stop-Loss: 18 pips
Risk: 0,5% -1%
Risk-Reward: 3,5
Always add your brokers spread to the stop-loss!
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Peace and good trades
Irasor
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NZD/USD hit our TP2 and new entry added to catch 150 pips- We put this short setup at 0.68000 as this was the last major supply area.
- price already fall 100 pips and hit our second target.
- Price broke last major support area nearly at 0.67000.
- Now we will wait for a correction to 0.67000 or 0.67400 as a max correction.
- If we have a confirmation from candlesticks psychology we may put another short setup.
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?
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.