NZDUSD | The best point to buy🎯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 this symbol, waves 1, 2 and 3 have been completed and now we are inside wave 4.
Wave 4 is very long in terms of time and is in normal condition in terms of Fibo.
We think this wave is complex and from this complex wave the y wave is being completed.
We are inside wave c of wave y, and from this wave c, waves 1, 2, 3 are formed, and now wave 4 has started.
Wave 4, according to Wave 2, will probably be flat, which is long in terms of time and shallow in terms of price, and we still preferred not to specify a target.
If the Fibonacci retracement of 0.618 breaks at the price of 0.70000, it can be concluded that the correction process is complete and the leading waves are forming.
A further drop above Fibonacci 0.618 would be a very abnormal warning sign.
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Nzdusdshort
NZDUSD: Pick Your Side ↗️↘️How do you think this pair will play out this week?
I have my levels of interest marked out, now it is a matter of time and patience.
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Divergence signal and selling opportunity in NZDUSDH1 time frame.
Structure: Uptrend.
The current price has formed a divergence signal and a double top reversal pattern.
Wait for the price to break the Key level at 0.67900 and appear a confirmation retest signal, then you can find selling opportunities.
The profit target is the 0.67600 and 0.67000 price zone.
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Wish you all have a good trading day!
Outlook on NZDUSD: Pullback presents an opportunity to sell On the H4 time frame, prices are testing a key resistance area. On the M30 time frame, a pullback to the resistance zone at 0.68500, in line with the 78.6% Fibonacci retracement presents an opportunity to sell to the next support target at 0.68200. Ichimoku cloud and 30 EMA are showing signs of bearish pressure as well. A break below the 0.68200 area could see prices push lower to the next support target at 0.68050.
Hard to wait for NZDUSD Hello guys
In our published trade and analysis on NZDUSD we found a great opportunity to share with you. About every inch detail, our members have in vip conversation, but let's go through this trade anyway. NZDUSD pair is at the moment in overall sellers territory under sellers power pressure, because USD currency is at the moment very strong. On the other side NZD currency having a rest from last week. In this trade scenario opportunity stands for other detail explanation too, but too sum up, nzdusd is moving lower because price have to get stable for bullish side if buyers are going to move forward. So we are looking our support areas or we can say targets in our scenario at:
T1: 0.67725
T2: 0.67342
T3: 0.67090
T4: Possible continuation but we'll see later
NZDUSD | The best point to buy🎯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 this currency pair, waves 1, 2 and 3 have been completed and now we are inside wave 4.
Wave 4 is very long in terms of time and is in normal condition in terms of Fibo.
We think this wave is complex and from this complex wave the y wave is being completed.
We are inside wave c of y, and from this wave c, waves 1,2,3 are formed.
And now wave 4 has started, wave 4 according to wave 2 is probably flat, which is long in time and shallow in price.
Preferably, we will specify a more accurate target in the next analysis.
If the Fibonacci retracement of 0.618 breaks at the price of 0.70000, it can be concluded that the correction process is complete and the leading waves are forming.
A further drop above Fibonacci 0.618 would be a very abnormal warning sign.
🙏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 top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZD/USD: upcoming DOWNWARD Impulse!What’s up guys and welcome to my profile, my name is Gianni and today I’m going to analyse the NZD/USD, trying to translate the market information with a full technical analysis on different time frames perspectives.
For a better understand of my short BIAS, let’s have a quick look on the monthly timeframe:
During the previous month, the market performed a really strong bearish movement, and it’s currently approaching on a solid level of support, that rejected the price many times during the past years.
The market is still bearish and there is not yet a sign of rejection but still, there is a possibility of a retracement, in a short future, as a “breath” of this huge and clear bearish impulse, with a good chance of market continuation.
Switching on the weekly timeframe:
The market is clearly following a descending channel and focusing on the last two red candles, with the second one definitely smaller than the previous one, it’s a sign that the market is losing momentum.
The current candle is actually moving in the opposite direction of the trend, but still early to say where it will close the price, considering that there are still 3 days of market activity.
Let’s have a look now on the daily timeframe:
After the last strong bullish impulse (see the first green arrow), the market started consolidating between the resistance and support zone, with no strength enough to push the price above the previous HH. That was the first clue of change of bias from uptrend to neutral.
The last bearish impulse broke the previous lower low and the support zone of the market consolidation, the reason I believe the market will continue to the downside!
Finally back to the h4 timeframe:
As you can see in the chart, the market is currently moving inside a descending channel and before to plan my short position on this trade I will be waiting for a good entry point with a RRR 1:2 or greater.
In the scenario of retracement instead, I will be waiting for the price to break the support zone and then I will plan my short trade on the restest of the same level.
If you enjoy this trade idea, support my work with a thumb up and don’t forget to follow my profile for more detailed technical analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
NZDUSD Short# NZDUSD: Trade Confirmation:
NZDUSD is trading in a bearish trend from the beginning of the year. . Recently the pair broke and closed below a key level on a daily. And also double top in H1 time frame.
On that the price formed a double top formation with equal highs.
This night its neckline was broken and retested.
I believe that the pair can go lower now.
Primary Goal is 0.6742