In the dynamic realm of forex trading, the NZD/USD pair has encountered resistance, prompting traders to anticipate a potential breakout. However, historical data suggests that the pair often maintains a range-bound behavior, making breakout attempts susceptible to failure. This phenomenon prompts a closer examination of the factors influencing such occurrences...
MACD Diverged at 0.59811 signaling a reversal. Price Rejected off of the Trendline after it failed to break lows. MACD gave upward Momentum signal once Price hit the Trendline. Confirming the reversal. Stop Loss at the last Swing Low 0.60420
Q&M pattern, dominant break out So sell side target
This is the update of my previous post on NZDUSD 4H sell setup , beautiful 1:3.5 RRR trade
NZDUSD , WAITING FOR PERFECT SETUP , Fib shows stop at 50 , trend is up , just need to breat the higher high now and i am in
Confirmations:- 1] market structure shift 2] order block 3] fvg entry 4] trend continuation 5] engulfing bar candlestick confirmation Target:- 1:3.5 RRR
NZDUSD drops the most among the G10 currency pairs while reversing the previous weekly gains, the first in four, as market players show a lack of conviction in the hawkish speech from Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr. It’s worth noting that a long holiday season in China also allowed the Kiwi pair traders to consolidate the previous week’s...
Hello 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...
A good possibility of a upward momentum in NZDUSD as per Technical and Historical price action.
It is created Q &M pettern created so it is buy side it will go up side
NZDUSD edges higher past 0.6100 while defending the rebound from 200-SMA during early hours of the key week comprising New Zealand (NZ) Consumer Price Index (CPI) and the US PMIs for January. In doing so, the Kiwi pair also justifies the “Double Doji” bullish candlestick formation to consolidate the biggest weekly loss in six months. Additionally favoring the...
I think it'll drop to the 2H FVG to rebalance as well as to take any liquidity pools around that area indicated below current price then rally above the current highs for liquidity pools. Setup R:R = 3.5
NZD USD upside movement possible Buying above the 0.62412 Stoploss 0.62332 Target 0.62629
NZD USD down side movement possible Selling below the 0.62675 Stoploss 0.64168 Target 0.58147
it is at resistance level and need for some profit booking so it has more chances of showing some down side before continueing its original trend so here is the plan
nzdusd buy found there is weekly trendline breakout found and its buying pattern also no its near in 50% fibo of buy so 0.61750-0.61670 is the buy zone if cross that next buy zone will be 0.61220-0.61130 and strong demand zone is 0.61010-0.60840 but my prediction is 1st and 2nd zone will be a strong zone use sl and sell stop(x2lots compare to currents) order
Though it is in the Discount in PD Array in LONG TERM perspective, there is a high chance that it will take out the SSL below the OCT 22 low; but before that, it is probable to grab the internal range liquidity.
NZD USD down side movement possible Selling below the 0.60979 Stoploss 0.61806 Target 0.58185