NZDUSD, daily tf, sell on retest of resistanceHello my friends,
Trade setup for today is NZDUSD pairs.
I've marked the horizontal level and support/resistance for this pair.
As you can see, incidentally we could see that price moving inside ascending channel for this NZDUSD pair.
The top of ascending channel meet with the horizontal resistance so we could say sellers might come in to defend this area 0.6685-0.6900
I am gonna try selling this pair at resistance as there is a possibility price could rejected and come down again.
Sell NZDUSD 0.6685
Stop loss 0.6730
Take profit 0.6595
RR ratio 1 : 2
Use only 1-2% risk
Good luck
Disclaimer : I sold NZDUSD from 0.6685
Nzdusdtrade
Low-risk sell set-up in NZD/USDDear traders, in my previous NZD/USD analysis. I mentioned about selling at 0.6660
and targeting the 0.6550 level as TP( previous idea attached below)
As you can see, price dropped exactly like I had predicted.
Currently, NZD/USD has reached the familiar supply zone once again.
So, we can look for sells from the current level and target the
0.66 area as TP1 and 0.6560 area as TP2.
NZD/USD Price actions looks bearish on the hourly chartNZD/USD price action is looking a little bearish on the hourly chart.
Price is unable to break out of the supply zone.
At the same time, we can see the formation of bearish candlesticks
on the supply zone. A strong break below 0.6645 level with a bearish
impulse will confirm the drop.
Possible targets would be 0.66 and 0.6550
NZDUSD | SWING - 23 Oct. 2020Hello my friend | Welcome Back.
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If the line that I set is broken, of course, it will go towards the downside at the support of the channel, it may rise slightly at the support of the channel, yet it will break it and continue to the downside.
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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 watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
NZDUSD | SWING - 21 Oct. 2020Hello my friend | Welcome Back.
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***
It bounces off the support of the channel did not break it, so it will rise to the top at the channel's resistance. If it does not break it, it will fall again.
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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 watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
***
The information given is not a Financial Advice.
NzdUsd outlookYesterday NzdUsd reached my sell zone between 0.6630 and 0.6650, the point where sellers aggressively took control.
The day finished with a nice Pin Bar from this zone and also in-line with the medium-term trend.
My first target for this pair is 0.65 zone and in my opinion corrective rallies above 0.66 should be sold
NZDUSD - Outlook 17 October 2020 - Continuation videoHi all traders,
I have previously made a video analysis on nzdusd.
We got the move that i have informed and now im looking for the continuation part of it.
Take note of the levels and how to trade it.
Hope it helps all of you in your trading.
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NZDUSD - Trade Setup & Full Analysis BreakdownWelcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on NZDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
NZDUSD - Outlook 15 October 2020 - Seller or Buyer?Hi all traders,
This is a video analysis on nzdusd.
As always i have informed some of the important levels within nzdusd for you to take some nice trades out of it..
Hope you like it.
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NZD/USD All Feedback Welcome PLEASE LETS DISCUSS THISSo on a bigger aspect I would like to think that NZDUSD will complete this W formation especially with everything from last week leading the dollar to weaken. With all other pairs gaining strength against the USD I believe that this pair will continue it's bullish trend.
ProFx Market Sniper provides ideas on trade setups. We do no provide financial advice. Please take this trade on your own risk and remember to use proper risk management.