Nzdusdshort
Nzdusd Super short position for the downside looking forward to sell NZDUSD around 0.6175 level or above as we have seen a massive shift for downside in all major currencies as dollar seems to rally higher and target 104.25 level which makes this pair weaker and pois to move down.
As i am also using the inner circle trader concepts and a mentorship student of 3 years this model should pan out and should target 0.6120 level with the higher time frame institutional order flow.
NZDUSD: go, go down $-)Hey, folks!
We're witnessing some manipulation with the highs here! The upward momentum that started on October 26 broke through the high of October 23 at 0.60555. This high was the peak of the downtrend that persisted throughout this year. We were expecting a decline last week, but as it turns out, the bears were just hiding their intentions. Right now, the pair is trading near the low of last Friday at 0.61444. A breakthrough of this level today or tomorrow would make the outlook for NZD/USD bearish.
We continue to anticipate a decline in the pair. The magnitude and duration of the drop will become clearer in the coming days. If the bears muster the strength to push the exchange rate lower, towards the 0.6070 area, then the decline will likely last for at least a week and appear quite substantial.
NZDUSD → Plummets from a four-month high, drops below 0.6200FX:NZDUSD retreats late in the Monday North American session after rallying to a new four-month high of 0.6226, but a repricing for a less dovish US Federal Reserve witnessed a jump in US bond yields. Consequently, the pair tumbled more than 0.80% and trades at 0.6154.
The NZD/USD uptrend remains intact, though it is subject to a pullback. If the pair slides past the 0.6150 figure, the next support would be the November 30 swing low at 0.6120. Up next the 200-day moving average (DMA) at 0.6089. A breach of the latter and the pair could shift neutral if it slumps below the October 11 high turned support at 0.6055.
On the other hand, if NZD/USD buyers reclaim 0.6200, further upside is seen above 0.6226, followed by a test of the July 27 high at 0.6273. If those two supply zones are erased, a jump to 0.6300 is on the cards.
NZDUSD - Potential long ✅Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.61000.
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NZDUSD I Bullish USD unemployment claims it will come downWelcome back! Let me know your thoughts in the comments!
** NZDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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NZDUSD is Ready to Fall⏰(4-Hour)⏰🏃 NZDUSD is moving in the 🔴 Resistance zone($0.6110-$0.6050) 🔴 and 🟡Price Reversal Zone(PRZ)🟡 .
🌊In terms of Elliott wave theory , NZDUSD seems to be completing a Zigzag correction(5-3-5/ABC) so that the main wave C structure is Ending Diagonal .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect NZDUSD to Fall to at least the 🟢 Support zone($0.6021-$0.5985) 🟢 after breaking the lower line of the Ending Diagonal.
New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 4-hour Time frame ⏰.
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NZDUSD - D1\H4NZDUSD
D1 - The price has formed a diverging triangle, which in the near future may lead to a decline, the price may correct by 50% or more, from a correction of 50% it will already be possible to consider entry points for buying, if the price continues to move to the lower border, purchases after breaking through impulse level.
H4 - You should wait for the trend level to be fixed, after which you should consider entering a sell position; you can also wait for a retest of the fixing level; to enter, the level is 0.60552 with targets for the level of 0.59408
What can you expect?
You can consider entering from the level 0.60851 - 0.60552 with further movement to the target 0.59408. Cancellation of the idea so as not to take increased risk on the idea levels beyond the maximum of the impulse wave on D1 - 0.61321
Short
Targets 0.60370 - 0.59910 - 0.59408 - 0.58575
NZDUSD to see a temporary move higher?NZDUSD - 24h expiry
Trades at the highest level in 76 days.
We are trading at overbought extremes.
Trading within a Bearish Ascending Wedge.
A Fibonacci confluence area is located at 0.6135.
Bespoke resistance is located at 0.6135.
We look to Sell at 0.6135 (stop at 0.6167)
Our profit targets will be 0.6055 and 0.6035
Resistance: 0.6135 / 0.6143 / 0.6229
Support: 0.6055 / 0.6000 / 0.5965
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NZDUSD: gearing up for a bear breakdown.Last week, the market flexed its muscles and climbed above the level of 0.60555, shaking off the chains of the downtrend that has been holding it hostage since February 2, 2023. It's inching up above that level, but our trading strategy suggests that the ceiling is not too far away. While a temporary surge to 0.6137 or even 0.6155 wouldn't be too surprising, we're waiting, that the real show will start in the next 2 trading days.
Classic technical analysis can recognize a rising wedge pattern on the NZD/USD chart. And it's indicating a potential switcheroo to a downward movement.
Waiting for open short positions. Target for this bearish adventure is to hit the 0.6000 and 0.5935-0.5940 levels.
So, get ready to go on a roller coaster ride of short positions $-)
nzdusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
zndusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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NZDUSD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.59000. My target is liquidity above equal highs.
Like, comment and subscribe to be in touch with my content!
NZD/USD Sell Limit SetupThe NZD/USD currency pair has exhibited a bearish trend through a significant portion of 2023. This analysis draws upon multiple technical observations and recent market dynamics that underscore a potential continuation of this bearish trajectory.
Recent Lows and Bearish Momentum: The pair recently plunged to a fresh low for 2023 at 0.5815, indicating a strong bearish momentum. Although there was a slight recovery to 0.5840, the overwhelming bearish pressure persists, signaling a potential further downside .
Critical Support Level:The level of 0.5800 has emerged as a crucial support zone. A sustained move below this level could unveil additional downside potential, possibly extending the bearish trend towards deeper values not witnessed in late October 2023 .
Yearly Trend and Correction Phase: Since the onset of 2023, the pair has been on a declining trajectory, moving from a yearly high of 0.6534 down to 0.5887. Although there was a minor correction phase around 0.5979, the prevailing trend remains bearish.
Tight Recent Trading Range: The pair navigated through a tight trading range recently, sustaining values near lows. Despite a fleeting run-up to 0.60555, the pair met with incremental selling pressure leading to a subsequent decline.
Trade Setup: Based on the prevailing bearish sentiment, a short swing trade setup is proposed: Entry Point: A short entry is advised at 0.595, aligning with a potential resistance zone near the recent correction phase. Stop Loss: A stop loss is set at 0.605, slightly above the recent run-up, to mitigate potential reversals against the trade. Take Profit: The take profit target is set at 0.575, near the critical support level, anticipating a further decline.
💡NZDUSD: Will there be a turnaround?NZDUSD witnessed its third consecutive day of decline. However, the downward momentum appears relatively mild, given that three days of decline do not match the intensity of the preceding single day of increase. The price is currently undergoing a retest, suggesting a potential stabilization. The chart structure on NZDUSD D1 indicates a cumulative sideways movement.
On the H1 timeframe, NZDUSD is forming a price range, indicative of a cumulative sideways phase. The primary strategy for today involves selling NZDUSD on the H1 chart from higher levels. Alternatively, there's a reserved approach to wait for a potential buy opportunity if NZDUSD on H1 breaks above and successfully retests.
💡 NZDUSD: On the declineNZDUSD is experiencing its second consecutive day of losses. The D1 candlestick chart from yesterday displayed a downward trend with a modest lower shadow, indicating that selling pressure was relatively subdued. The price is currently rebounding from these declines. NZDUSD's daily chart continues to exhibit a sideways consolidation pattern.
While the hourly H1 chart still maintains a bullish price structure, today's trading may witness a potential selling opportunity at higher levels. Should the price breach this level, it could signify a revival of bullish momentum, presenting a chance for re-entry into long positions.