NZD/USD Signal - USD Retail Sales - 16 Nov 2021NZD/USD has bounced from resistance prior to the USD Retail Sales data, which measures the receipts for retail stores domestically. Technically the pair has bounced from resistance at the previous structure and the 38.2% fibonacci retracement level. The RSI has now turned bearish, and we anticipate continued downside into the 0.6900 level.
Nzdusdshort
NZDUSD SHORTING OPPORTUNITY - ANALYSIS & TRADE IDEAHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/
On the Monthly, Weekly, and Daily is still bullish, though on the Daily EMA's just cut for short due to the retracement on Weekly, its forming an ICI to the downside. But overall we are still bullish on this pair.
4H is where we take our entry at the 0.50 of the fibonacci retracement that is also lining up with structure, take profit is at the impulse and stop loss is above the last high.
Trade Signal
SELL
Entry: 0.70866
Take Profit: 0.69479
Stop Loss: 0.71286
Good luck!
Trade wisely, please do proper money management.
~FX_SHIFTER
NZD/USD CHART 4HR SELL TRADE Hi everyone this is my trade set up for the NZD/USD for the new week ahead
NZD/USD is still in a downtrend so i am expecting a pullback to the order block zones and will be looking for a sell trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
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.
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,
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