Nzdusdshort
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🙏
❤️Please, support this idea with a like and comment!❤️
NZDUSD| Double BottomNZDUSD after giving a breakout from falling parallel channel (We hit our target price as well). The price has retrace back and formed double bottom. We are expecting bounce from here and one can take long position from here, the stoploss should be below the support zone. To negate this view, the support has to be taken out and bears will enter the party. Trade your levels accordingly.
Wait for the correction to completeHi Traders,
NZDUSD is moving correctively within an ascending channel and in my opinion we still have room to climb higher before it's ready for another sell off.
Keep an eye on this pair for the upcoming week.
Comment below and share your view on this pair! Support me by clicking the like button if this has helped you!
Good luck!