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Nzdusdsignal

NZDUSD Sell Monthly This is my first idea bare with me. All Follows, Comments, Feedback, and Thumbs ups will be very much appreciated. In my opinion, Focusing on the highest time frame available I've identified NZDUSD has been in a strong Uptrend from a price of 0.39 since fall 00' but it may be time for the downtrend. Major Support and resistance zone between price 0.59 - 0.62 where price is currently. Since 00' there has been 6 major sell rejections and only 1 major buy rejection. Since last major sell rejection volume has been increasing. Recently last months candle closed below the major uptrend line established 00' & with low point in 09'. The close below the uptrend line and with this month making a high to test the uptrend line once again. With this month half way over I think the high of this month is already in or is coming soon. A monthly close above the uptrend line will invalidate this idea I am preparing for a long term sell at any price between 0.59-0.61 SL: 0.62.5 (Risk 3% - 33%) entry: 0.59-0.62 TP1: 0.57 (RR ~2.3:1) TP2: 0.54 (RR ~4.1:1) TP3: 0.50 (RR ~6.5:1). Happy Easter.
Short
by maliekevans
1
NZDUSD long trade ideaPlan : trendline breakout --> wait for the price to bounce off from trendline support or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
10
NZD/USD long/buy idea, almost 120 pips move...In the name of ALLAH who is most merciful and the master... We take trading as a business, not a gambling stuff. We have calculated approximate risk to reward ratio. Please note: -> Never go beyond 1.5% risk of your total trading capital on a single trade, -> Always move your stops to your entry levels after the price moves 100 pips towards target, -> Close half of the trade position after market makes half movement towards target.
Long
by WaqqasAsim
2
NZDUSD reacted to its weekly support level!!on the previous analysis I told you to wait for further price development (link attached below!), in this following set up you have to wait for price to breakout resistance level and place your buy orders in the demand zone that align with weekly support levels. (note : the demand zone is not strong but tradable) don't follow me blindly!!.., do your own research using my analysis as a reference, good luck ;) Plan : trendline breakout --> wait for price to bounce off from trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
8