NZDUSD approaching 0.6400 support levelPlan : trendline breakout --> wait for price to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
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Nzdusdsignal
NZDUSD buy on strong support level!yesterday when the announcement of the RBNZ interest rate price rose sharply and created a strong support area, now we can use that area as our entry point
Plan : wait for price to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
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NZDUSD buy on H2Plan : trendline breakout --> wait for prices to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
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NZDUSD buy on H2Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
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NZDUSD trade idea on H3Plan : wait for neat and clean trendline breakout --> wait for prices to bounce off horizontal 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.
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#NZDUSD, Time to sellThe nzdusd after rising 500 pips from $ 0.62 to $ 0.67 is stopped at the moving average 100 line used as a resistance line.
The NZDUSD weekly graph is still in decline.
The Stochastic signals Overbought with a chance to change the current (rising) trend.
Because of our proximity to the resistance line, it makes the signal more secure
Target: 0.6560
NZDUSD buy on H5, a simple S&R setup ;)Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
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NZDUSD sell on H2Plan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
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NZDUSD H4 H&Swe have up trend chart but candles are going weaker and change to dogi
for me that means the chart is changing his path!!!
on the other hand we have H&s patteren. I wait for breaking neckline
we have at least 1:1 risk/reward ratio. my first profit target will be 0.652
keep your eyes on this chart
NZDUSD SELLStrong Resistance
Good Candle confirmation
Pin bar
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Tradewithsam
Audusd D1 ViewAudusd D1 View
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Tradewithsam
NZDUSD D1 ViewNZDUSD D1 View
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Tradewithsam
#NZDUSD, Returning to the ups?Upward trend on the daily chart.
Stochastic Indicator approaches the Overbought upper value.
We have drawn a resistance line at 0.6450 in the graph above as you can see the nzdusd has trouble breaking the above line.
Buy only having a resistance line break
By then Sell with a target of 0.6330