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NZDUSDPoints to note:
1. Price at support and momentum at bearish area with rejection from trendline
2. Previous flag breakout failed and hence formed a potential cup and handle
3. D candle is indecisive
4. Price is at support of last two years, breaking will create havoc
5. Blue lines show potential supports.
NZDUSD SELL SETUP for todayHello everyone
In higher timeframe H4 and D1 price is completely bearish.
So we should look for sell side trade setup.
Right now price making liquidity for news ....after 1-2 hour news is comming soon as well price is making liquidity just below resistance price.
So now i placed sell limit with 0.5% Risk and this is 1:10RR trade setup.
Best of luck.
NZDUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame 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. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
NZDUSD View!!The down momentum continued today and carried the price down toward the 38.2% retracement of the move up from the August low to the August high. That level came in at 0.61265. The low price came in at 0.6123 before bouncing back to the upside. The current price is trading at 0.61515.
Technically, the ability to hold that level gives the buyers some hope. The corrective move lower could only get to that minimum retracement target. On the topside, the 100-bar moving average on the 4-hour chart and the 100-hour moving average, is near 0.6184. That represents the upside target resistance.
NZDUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame 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. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
NZDUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame 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. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
NZDUSD next move, the pair is in corrective phase (06-12-2023)Go through the analysis carefully, and do trade accordingly.
-POSSIBILITY-1
AS the price is in correction phase,
if Price stays below 0.62250, then next target 0.60500 and it may goes up to 0.59500
-POSSIBILITY-2
if Price breaks 0.62250, then up trend will be resumed and next target will be 0.63380 and 0.65000
Our trading Preference
Trading tips: (Accuracy 90%)
GBPUSD Sell/Buy @NA
TP@NA
SL@NA
Best of luck
Never risk 2% of principal to follow any position.
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