NZDUSD trade ideas
NZDUSDNZDUSD confluence:
-->In daily chart we can see clearly price is falling since Monthly rejection(orange zone).
-->Now price may approaching my TL in the event POSSIBLE H.L. may be form.
-->Also 78%fib is coincide.I'm patiently waiting for PRICE to play.
-->No fantasy 'Plan your trade, Trade your plan'.
-->Keep your analysis as simple.
NZDUSD - A Double PossibilityI think NZDUSD is very interesting. Here's what we saw in the webinar we had this evening.
The pair has a beautiful Head&Shoulders (at least following my trading strategy),which, at the moment, gives us a double possibility :
1. The Neckline breakout ;
2. A rebound on the Neckline .
If number 1 occurs, I will wait a rebound on it , where I should insert a limit sell order, to enter the market.
If number 2 occurs, I will wait a rebound on the resistance above us , and there, I will insert a limit sell order, to enter the market, with a target first of all on the neckline, and if this level will be broken, I can think about going on, up to the next support level.
Trick
It's very interesting the fact that the Neckline is exactly where two Senkou Span B extensions are. Ichimoku + Price Action is a bomb.
Let me know in the comment below what you think about this pair :-)
NZDUSD Trend Continuation NZDUSD is consistently making Lower Lows, Trade with the trend. We have seen an attempt to push up now we have watching a REJECTION, Great Trade Opportunity
Go long for few pipsGo long
1.Buy above .74400
2.Target is near resistance level of .74590
3.SL is low of bar next to pinbar candle which is .74350
4.Risk to reward is 50 to 190
Ascending Triangle Breakout on NZDUSDIt has been observed that a Ascending triangle is breaking out on the NZDUSD pair 15 mins chart.
Long can be entered between 0.7179 to 0.7182
Stop: 0.7168
Target: 0.7214
NZDUSD sell opportunityNZDUSD has been rejecting the weekly Trendline and form a weekly engulfing candle. We can look for selling signal or pending your sell order next week.
NZDUSD at Channel SupportIt has been observed that KiwiDollar is coming near Channel Support close to a good support zone (Marked in Green) along with RSI coming onto the support line. A long can be initiated at Channel Support.
Entry : 0.7240 to 0.7249
Target : Next resistance zone at 0.7295. The 2nd target can be aimed at Channel resistance while trailing stops.
Stop : Below Green support zone at 0.72149
Prediction on NZD USD Movement on the hourly ChartsThe FX_IDC:NZDUSD chart has formed 2 bullish cypher patterns on the hourly chart.
The first purple bullish cypher has been completed where the D leg of the pattern was at a horizontal support line and the price action is moving towards the targets for that at 0.7258 post which the price action should reverse and come down to complete the CD leg of the Yellow cypher.
The yellow Cypher will stay valid as long as the price does not go above the C leg before coming down to complete the D leg.
Entry for the yellow cypher will be at 0.72074
Target will be 0.72491
Stop at 0.71711
Potential completion of Gartley Pattern on NZDUSDThere is a potential completion of a bullish Gartley pattern on the NZDUSD 15 minute chart.
One can go long at the completion of the CD leg at 0.72165
Target 1: 0.72377
Target 2: 0.72570
Stop Loss: 0.72025
Retest ?Waiting for the price to make retest or breakout on the trend line and closest marking resistance zone.
NZDUSD - Bullish Divergence As indicated on CCI a bullish divergence is seen on NZDUSD pair on the daily chart. We can buy this as per the indicated limits.
nzd/usdscript have berish walf wave setup.... with berish divergance short taken below yeloow line only and red line as sl and trg is green line.... magic.chart
