GREAT ICT TRADE NZD USD ICT Entry
1. Liquidity taken
2, 50%fib
3, 11am rejection on FVG
4. Typical head and shoulders on H1
5, Asian low taken
This is my set up.
USDNZD trade ideas
NZDUSD1. No divergence
2. Tren conversion from bearish to bulish
3. At the important support
4. Strog trend lind break
SELL IDEA FOR NZDUSD NZDUSD
sell limit @0.5674
stoploss @ 0.56973
take profit 1@0.55419 ( pips 130)
take profit 2@0.544748 ( pips 230)
NZDUSD → The bearish trend may get its continuationFX:NZDUSD failed to realize the chance when the dollar went into correction. Buyers do not believe in the realization of the bullish scenario at the moment. The price continues to succumb to pressure
On the weekly timeframe the price approached the strong support level 0.5545 - 0.55. Accordingly, a reaction in the form of a small correction is possible. Small, because the dollar continues its bull run, and Trump's policy allows to keep this scenario in the medium term.
On H4, the price continues to test the support at 0.5588 and a local descending triangle is forming amid pressure from the bears. Possible retest of the channel resistance before further decline.
Resistance levels: 0.563, 0.567
Support levels: 0.5588, 0.5511
Technically, a breakdown and consolidation of the price below 0.5588 will provoke further sales against the background of the current local and global downtrend.
Regards R. Linda!
Classical SMC structureMarket Structure and Key Zones
1. Liquidity Zone (LIQ):
- Highlighted at the top where stop-loss orders are potentially clustered. This area serves as a liquidity pool for smart money to target before reversing the price.
2. Change of Character (CH):
- Identified in multiple zones, indicating a shift from bullish to bearish momentum. The initial CH is key to signaling the transition in trend direction.
3. Break of Structure (BOS):
- Occurs twice, confirming the bearish trend continuation. These BOS events validate the structural weakening of bullish momentum.
4. Retracement Zone:
- Post-BOS, the market retraces toward a premium zone (liquidity point), creating an optimal entry point for short positions. Traders are advised to look for entry confirmation here.
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Entry and Exit Strategy
1. Entry Point:
- Suggested at the retracement toward the liquidity pool (marked "LOOK FOR LIQUIDITY AS ENTRY POINT"). This is near the stop-loss (SL) cluster where institutional traders manipulate price for liquidity.
2. Stop Loss (SL):
- Positioned slightly above the liquidity zone to protect against false breakouts or sharp reversals.
Take Profit (TP):
3. Two TP zones are marked:
- TP-1: Near 0.55918, capturing a portion of profits and reducing risk exposure.
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Continuation and Confirmation
*Bearish Continuation:
- Price action suggests further downside after completing the retracement and liquidity sweep. Breaks of structure confirm bearish dominance.
Criteria: At least two breaks of structure (BOS) must occur for validation, as marked.
Elliott Wave View Looking for NZDUSD to Extend LowerShort Term Elliott Wave view in NZDUSD suggests that cycle from 9.30.2024 high is in progress as an impulse. Down from 9.30.2024 high, wave (1) ended at 0.5813 and wave (2) ended at 0.5929. Pair has resumed lower in wave (3) which ended at 0.5583 as the 1 hour chart below shows. Rally in wave (4) unfolded as a zigzag. Up from wave (3), wave A ended at 0.5684 and wave B ended at 0.5628. Wave C higher ended at 0.5692 which completed wave (4) in higher degree.
Pair has resumed lower in wave (5). Down from wave (4), wave ((i)) ended at 0.5568 and wave ((ii)) rally ended at 0.5603. Wave ((iii)) lower ended at 0.5539 and rally in wave ((iv)) ended at 0.5573. Final leg wave ((v)) ended at 0.5538 which completed wave 1. From there, pair bounce in wave 2 with internal subdivision as a zigzag. Up from wave 1, wave ((a)) ended at 0.563 and wave ((b)) ended at 0.558. Wave ((c)) higher ended at 0.565 which completed wave 2 in higher degree. Near term, as far as pivot at 0.569 high remains intact, expect rally to fail in 3, 7, 11 swing for more downside.
Short - If price pullbacks and form CLS on this levelyou are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps you become a better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
SHORTING NZDUSD FROM POI A head and shoulder forming on NZDUSD. Once it liquidates the early sellers. We’d sell from 0.618 fib
NZDUSD Possible ShortsW1 : Bearish
D1 : Bearish
4H : Bearish with 4H OB presented
Narrative: Price has rebalanced the upper weekly Weekly Imbalance and gave a shift in market structure on 4H Time frame aligning with the bearish Bias. We can look for entry on lower timeframe if price retrace back to tap into that 4H OB and target upto the weak low.
NZDUSD - LONG - strong Confluences of DIVERGENCE & Sentiments1- Market has formed strong Bullish Divergence on Daily Time Frame
2- Market has tested and rejected with TWEEZER BOTTOM candle stick pattern from Weekly Support level
3- Market is approaching its LH (which is also a trend line resistance) if this gets break, market will follow a corrective move up-to FIB 0.382 level which is also a DAILY strong Resistance level.
4- ENTRY can be made once LH is broken
5- SL is placed below LL
6- TP is strong daily resistance level / FIB 0.382 level
7- Sentiments of this PAIR is also bullish of retail traders
Kiwi H1 | Approaching swing-high resistanceThe Kiwi (NZD/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.5630 which is a swing-high resistance that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 0.5660 which is a level that sits above a swing-high resistance.
Take profit is at 0.5590 which is a pullback support that aligns close to the 50.0% Fibonacci retracement level.
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Falling towards pullback support?The Kiwi (NZD/USD) is falling towards the pivot which has been identified as a pullback support and could rise to the pullback resistance.
Pivot: 0.5586
1st Support: 0.5543
1st Resistance: 0.56567
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
a reverse signalSimiliar to Aussie dollar, but this trend isn't as strong as that, only go long on this one if the current trend stays the same as Aussie dollar
Falling towards overlap suppoprt?NZD/USD is falling towards the support level which is an overlap support that is slightly above the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.5600
Why we like it:
There is an overlap support level that is slightly above the 50% Fibonacci retracement.
Stop loss: 0.5578
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement.
Take profit: 0.5641
Why we like it:
There is an overlap resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZDUSD | 15.01.2025BUY 0.56120 | STOP 0.55650 | TAKE 0.56650 | The New Zealand dollar is trying to consolidate above the 0.5600 mark during the Asian session on January 15, with moderate support from the New Zealand Institute of Economic Research (NZIER) fourth-quarter business confidence data. On the eve, representatives of New Zealand and the United Arab Emirates (UAE) signed a comprehensive economic partnership agreement with the aim of expanding trade and increasing investment between the countries.
Bullish bounce?The Kiwi (NZD/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 0.5571
1st Support: 0.5542
1st Resistance: 0.5620
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.56400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.56400 support and resistance area.
Trade safe, Joe.
Why is the NZD attracting buyers?The NZD/USD pair has shown significant resilience, climbing to 0.5631 this week, marking a solid recovery from its previous low of 0.5542. This upward momentum is largely driven by China's proactive economic stimulus measures, which have positively impacted New Zealand due to their strong trade relationship. The People's Bank of China’s commitment to maintaining liquidity and stabilizing the Yuan has provided additional support to the kiwi, enhancing its trade outlook. However, traders remain vigilant, focusing on forthcoming decisions by the Reserve Bank of New Zealand and monitoring global market conditions closely. Despite the recent gains, the US dollar's overall strength, supported by a robust economic outlook for 2025, continues to exert pressure, creating a dynamic trading environment for the NZD/USD pair. As these factors converge, the pair's trajectory will depend on the interplay between domestic policies in New Zealand and broader international economic developments.
Bullish bounce for the Kiwi?The price is falling towards the support level which is an overlap support that is slightly below the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.5572
Why we like it:
There is an overlap support level that is slightly below the 61.8% Fibonacci retracement.
Stop loss: 0.5542
Why we like it:
There is a pullback support level.
Take profit: 0.5611
Why we like it:
There is a pullback resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZDUSD Potential Bullish RunJust saw that a strong bearish divergence was on the play on the daily chart from top down digging a bullish structure was forming and I calculated my risk and reward on 1 hour chart after checking every possible bullish aspect of the possible bullish return. On the safe side. I'm going for the buy stops instead of instant buys.
My Positions
Entry Price : 0.56425
Stop Loss : 0.55774
TP 1 :0.5708
TP 2 :0.5773
NZDUSD-Running in ProfitBest setups, best trades with simple strategy.
Text for more details. Thanks
NZDUSD Will Go Lower From Resistance! Sell!
Please, check our technical outlook for NZDUSD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.558.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.551 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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