NZDUSD SHORT AFTER RETEST hello friends nzdusd you can short after retest good opportunity now thank you
USDNZD trade ideas
NZDUSD WEEKLY ANALYSIS 31-01-2022#NZDUSD weekly bias looks bearish. The seller’s price of interests are 0.6577, 0.6612, 0.6646
The possible targets are 0.6549, 0.6443
These analysis are based on the current market swing and we update our views based on the upcoming future swings
NZDUSD ANALYSIS ON H4 CHART.Overall, NZD/USD is ranging across. Recently, NZD/USD rejected the resistance zone of 0.67100 after the hawkish tone delivered by the U.S. FOMC.
The New Zealand CPI q/q data (Actual: 1.4%, Forecast: 1.3%, Previous: 2.2%) released earlier today indicated a slowdown in the pace of inflation during the fourth quarter of 2021.
NZD/USD’s next support zone is at 0.65400 and the next resistance zone is at 0.67100.
Look for short buying opportunities of NZD/USD.
NZDUSD ANALYSIS ON H4 CHART.Overall, NZD/USD is ranging across. Recently, NZD/USD rejected the resistance zone of 0.67100.
The New Zealand CPI q/q data (Forecast: 1.3%, Previous: 2.2%) will be released tomorrow at 0545 (GMT+8).
Currently, NZD/USD is testing the resistance zone of 0.67100 and the next support zone is at 0.65400.
If NZD/USD rejects the resistance zone of 0.67100, look for short-term selling opportunities up until the FOMC announcement tomorrow at 0300 (GMT+8).
💡Don't miss the great sell opportunity in NZDUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.6695).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 35.
Take Profits:
TP1= @ 0.6660
TP2= @ 0.6635
TP3= @ 0.6613
TP4= @ 0.6589
TP5= @ 0.6570
SL: Break Above R2
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NZDUSD WEEKLY ANALYSIS 22-01-2022#NZDUSD weekly bias looks bearish. The seller’s price of interests are 0.6753, 0.6790, 0.6807
The possible targets are 0.6720, 0.6670
These analysis are based on the current market swing and we update our views based on the upcoming future swings
entry based on break on the level of h4 and used some new techhigher time frame confluence with level and fib confirmed with new technology indicators so i places a limit order, always remember to trail
The one where it didn't Work.Trading is the game of Probabilities. Lot of retailers are being dragged into markets without proper understanding of RISK MANAGEMENT.
It is NOT as simple as just about clicking that "Buy/sell button"
I am here to share the importance of STOP LOSS and the purpose of writing this up is to share that part where maket tells you that it's above you.
Irrespective of how good your analysis is, Irrespective of how great you're at interpreting the price action. You can still Lose.
Let me explain this trade -
So many cues influenced me to put on this trade.
Starting off with the head and shoulders on the top left corner.
Constant selling pressure + EMA 9 going below EMA 21 + Breaking that neckline - were add-ons.
Missed my entry there. By the time I got back to the screen, Price was straight down to $0.6763.
I Interpretted looking at wide red candle on 18th Jan, that the sellig presure was still intact. Which was even confirmed by looking at the indicators.
As soon as the support left the play, I thought it was a good entry and I went short.
1 Hour later my SL was hit.
Post-mortem-
I think it was not a good entry from the swing prespective. However, would've made a couple of bucks on a shorter time frame.
Where did I go wrong ?
May be I didn't capture the bullishness that was being built, backed by decent volumes at 11:30 PM.
PLEASE RESPECT YOUR STOP LOSS.
NZD/USD AN SHORT TERM VIEWHi traders
NZD/USD is bearish in long term view. but short term view is bulllish.
even though invalidation level brakes does not mean that it can not go up, it can.
invalidation level is just for current degree.
Thanks
wave forecast
NZDUSD WEEKLY ANALYSIS 17-01-2022#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#NZDUSD weekly bias looks bullish. The buyer’s price of interests are 0.6754, 0.6748
The possible targets are 0.6863, 0.6880
These analysis are based on the current market swing and we update our views based on the upcoming future swings
AUDUSD Analysis on H4 Chart.Overall, NZD/USD is ranging across. Recently, NZD/USD broke above the key level of 0.68 and traded into the resistance zone of 0.68400 after the release of the strong U.S. inflation data, leading to the weakening of USD.
The New Zealand Building Consents data (Actual: 0.6%, Forecast: NA, Previous: -2.1% revised from -2.0%) released earlier today indicated an increase in the number of issued building permits in last November.
Current, NZD/USD is testing the resistance zone of 0.68400 and the next support zone is at 0.67100.
Look for buying opportunities of NZD/USD if it breaks the resistance zone of 0.68400.
NZDUSD | The best point to buy🎯Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In this symbol, waves 1, 2 and 3 have been completed and now we are inside wave 4.
Wave 4 is very long in terms of time and is in normal condition in terms of Fibo.
We think this wave is complex and from this complex wave the y wave is being completed.
We are inside wave (c) of wave (y) and from this wave c, waves 1, 2, 3 are formed.
And now wave 4 has started, wave 4 according to wave 2 is probably in the form of a flat, which is long in terms of time and shallow in terms of price, and we still preferred not to specify the target.
If the Fibonacci retracement of 0.618 at the price of 0.70000 is broken upwards, it can be concluded that the correction process is complete and the leading waves are forming.
A further drop above Fibonacci 0.618 would be a very abnormal warning sign.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
NZDUSD Analysis on H4 Chart.Overall, NZD/USD is ranging across. Recently, NZD/USD bounced off the resistance zone of 0.68400.
Currently, NZD/USD is testing to break below the key level of 0.68. Its next support zone is at 0.67100 and the next resistance zone is at 0.68400.
Look for short term selling opportunities of NZD/USD.
NZDUSD WEEKLY ANALYSIS 10-01-2022#NZDUSD weekly bias looks bearish. The seller’s price of interests are 0.6822, 0.6841
The possible targets are 0.6748, 0.6706
These analysis are based on the current market swing and we update our views based on the upcoming future swings
NZD/USD buy NFP 07/01 FRIDAY * 1.272 ABCD pattern harmonics
* 0.707 level
* strong support area 0.67000-0.67500
* heikin ashi reversal candlesticks pattern
* mother doji candlestick on 4hr
* BUY call on daily as strong supoort area for nzd
* double tested bottom
* rsi divergence on 1 hr
* rsi beow 40
* on 15 min tf above all ma except 200
* triangle pattern breakout
NZDUSD SWING TRADE PLANLooking for liQuiditY at the top waiting for Reversal to H4 Swing low and then after taking buy entry and hold till liquidity sweep
NZDUSD Analysis on H4 Chart.Overall, NZD/USD is ranging across. Recently, NZD/USD traded into the resistance zone of 0.68400.
New Zealand banks will be closed today in observance of New Year’s Day.
Also, New Zealand banks will be closed tomorrow in observance of Second New Year’s Day.
Expect lower trading volume and volatility during the usual New Zealand market hours.
Currently, NZD/USD is testing the resistance zone of 0.68400 and its next support zone is at 0.67100.
Look for buying opportunities of NZD/USD if it breaks the resistance zone of 0.68400.
NZDUSD WEEKLY ANALYSIS 03-01-2022#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#NZDUSD weekly bias looks bullish. The buyer’s price of interests are 0.6826, 0.6808, 0.6800
The possible targets are 0.6850, 0.6880
These analysis are based on the current market swing and we update our views based on the upcoming future swings
NZDUSD Ascending Triangle FormationNZD USD Seems to have formed an ascending triangle formation in the 4H time frame. The DXY Index is near the demand zone and expected to go up. Therefore most likely a downward breakdown of the triangle pattern can be expected.
NZDUSD Wait For confirmation Hi Everyone,
we had analysed NZDUSD pair. Currently hold for a confirmation breakout. These pair is in a bullish flag pattern(long time frame). And also in descending Triangle pattern(short time frame). Once a clear breakout happen we can enter the pair accordingly.
Note: kindly do your own analysis before making any trading decision.
Regards,
Ivy Venture,
Research Team.
#short,#NZDUSD.#Triangle BreakoutRight now NZDUSD trade Out of Trinagle which give barish sign. IF it trade around 0.68134. then we open a Short Entry with target of 0.68055
