We got 3 tps and 1 sl with this pair in the past week. It repescts the line beautifully. I'll be looking for 2 potential trades on this one, and Long term and one for a short term on Monday only. Wait for price to retest the support and enter the trade. Please dont enter without a confirmation and Please dont take any trades based on my analysis. Take ideas, but...
The price didnt break through the weekly supported, instead made a double bottom on D1/H4 and Shoot for the stars. I entered for a short on based on H4 bearish pinbar but ended with a stop loss. This time we'll continue with the newly formed trend for longs around the retested Support zone.
Seeing the way how CAD ended the week; its likely it'll start the week likely weaker compared to others. Wait for price to retest and we can go for a long trade. Please dont take any trades based on my analysis. Take ideas, but not trades
Not sure where price will move. We have a doji on D1. H4 and H1 shows breaking of support and H1 shows multiple retests as well. Which is a good entry indicator but looking and Higher TF i'll wait to see what price does since the Over all momentum of the pair is bullish. We have had some good trades previously. at the end its just patience and be reactive when u...
Although D1 shows uptrend but on H1 and H4 We can see the trend seesm to be ending and price heading downwards again. H4 shows Penetration through the support and and H1 shows multiple rejection candles with last one being a bearish Pin Bar. That could be a confirmation candle, Wait for the market to open and see how it works out. I'll likely be entering a short...
We had a pullback but the price seems to be rebounding at this zone, Lets wait and see How price reacts to this zone, if we see some retests. We can go for a decent short trade. PLEASE DONT ENTER WITHOUT A CONFIRMATION:
THis pair keeps providing good setups. USD seems to be getting stronger so this one might not be a very viable trade. but Im going in anyway!
The patterns seems like an H&S. Wait for neckline break and enter on retest.
Looking good for a short entry
Pretty clear trend. Price testing waters and bouncing.
I honestly thought the price would hold on the support but nope, it went through. IF we get some confirmation, it could be a viable trade.
We've had our retests, We've seen price bounce varius times on H4 tf. I'll be looking for enteries around the support area to minimize the risk and maximize the potential profit.
Price is playing around the zone. It penetrated once but pulled back just as fast. Wait for the next 4h candle to close and see what happens. Could possibly be a long trade.
Price is still testing the Resistance. and We still wait for a break and retest. I took the trade earlier because the price seemd to be bouncing toward lower side within the zone of resistance but buyers took the charge. Wont repeat the same mistake and rush in a trade.
Wait for break and retest for a long trade.
Look out for the H1 and H4, as for me both show different retracement areas. Watch how the candle react in the zones. 138,6 and 137,5 are crucial areas for the price. If the price bounces of 138,6 which is is .618 fib on h1, Enter the long trade, If not wait for it to go down to the 137,5 are which is h4 fib retracement area. All in all we gotta be patient with this one.
Strong uptrend, Look for every possible entry for NZDUSD. If it continues like last week, lots of blues for us!
Look for long oppurtunity, If the price doesnt retrace I wont be taking the trade. even though its a stron uptrend, I wouldnt trade without a confirmatoin.