a potential sell opportunityNote: this is a quick analysis so no much in depth details here.
Price currently testing 200MA on Hourly, 100MA & 200MA on 2H towards downside, 50MA & 100MA on 4H towards downside.
If the mini-downtrend line (purple) is respected, we can see the price start falling and retest last week's low at 0.70734.
Entry: now or around 0.716
TP: 0.70734; greed kills, set 20pips, 40pips, 80pips and your TP targets will be wise
LS: above 0.71724
GL.
Nzdusdshort
NZD/USD CHART 4HR SELL TRADEHi everyone this is my trade set up for the NZD/USD
This is my analysis only, please trade with caution and risk management in place
look for pullback to zones lined off on chart, then if it meets your criteria for a trade then execute
good luck for this weeks trading
please like and comment both are welcome thanks
Bearish outlook on NZDUSDPrices are facing bearish pressure from the resistance zone , in line with the 50% fibonacci retracement and 61.8% Fibonacci extension, where we could see a further downside below this level. Ichimoku cloud and MACD are showing signs of bearish pressure as well, in line with our bearish bias.
NZD/USD SHORT SELL OPPUTUNITY now......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
NZDUSDThe New Zealand dollar initially tried to rally during the week, but it sees plenty of resistance just above at the 0.7233 region. At this point in time, if we can break above there, then it is likely that the New Zealand dollar could go looking towards the 0.73 handle. A breakdown below the bottom of the weekly candlestick has this market looking for support at lower levels, and I would be especially interested in the New Zealand dollar near the 0.70 level.
NZD/USD:HARMONIC PATTERN FORMATION | SHORT SETUP Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
Pullback on NZDUSD presents an opportunity to sell Looking at the daily time frame, prices are currently testing a key supply zone with potential for further downside. On the M30 time frame, prices broke below the ascending trend line and is facing bearish pressure from the 34EMA as well. A pullback to test its resistance zone at 0.72010 which lines up with the 78.6% Fibonacci retracement and 61.8% Fibonacci extension presents an opportunity to play the drop to the next support target at 0.71520, in line with the 78.6% Fibonacci retracement. MACD is showing signs of bearish pressure as well.
NZDUSD | The best place to buy🎯Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
NZDUSD in daily timeframe , If you have checked the previous daily analysis of this symbol in our account, you will notice that we have specified the end of wave 4 and the beginning of wave 5 from a wave c for zigzag at higher times.
The probability that we have now is that wave 5 has started its ascent and this wave consists of waves 1 and 2.
Wave 1 moved almost normally upwards and the second wave corrected Wave 1 more than expected.
We will specify the structure of Wave 2 in a four-hour time, but Wave 2 continued to correct to Fibo 0.88.
If the wave count is correct, it will make three very long movements, but for now we have considered the same Fibo 1.618 or 7473 area for this wave.
And in general, we think wave motion (5) will continue until Fibo 0.50.
🙏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!❤️
NZD/USD : GARTELY PATTERN FORMATION | SHORT SETUP...Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !