USDNZD trade ideas
NZDUSD , WEEKLY ANALYSIS, MAY 25-29NZDUSD pair has been trading inside a broadening triangle pattern since starting of May, it seems like close with bearish movement at the last week of the month, might me it will take of from the price of 0.58500.. this week we can expect a bearish rally ..
Bullish Gartly It's a perfect bullish gartly pattern. Go for long. TP1 is 0.60462 and TP2 is 0.60957.
NZDUSD - 05/11/2020Going long if price breaks above 0.61471 (Showing broken resistance because of the 2nd touch).
Going short if see a valid entry below 0.61102 (invalid support).
Don't miss the great sell opportunity in NZDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6075). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 0.5975
TP2= @ 0.5910
TP3= @ 0.5850
SL: Break Above R2
NZDUSD SHORT TRADE SETUPThe weekly right side is down against the 7/27/17 highs at .7557. The daily right side is down against .6758 from 12/31/19. The 4 hour right side is down with a bearish sequence & the hourly is turning down against .6130. While below there the pair can continue lower again.
test 3 update v1 sorry for posting short as long perviously, its a v1 if support not broke then it'll the last !
Don't miss the great sell opportunity in NZDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6030). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.5940
TP2= @ 0.5847
TP3= @ 0.5588
SL: Break Above R2
LONG TERM CALL NZDUSD TRADE WITH ACCURATE POINTTHIS CALL U SHOULD TAKE FROM CORRECT ENTRY OTHER WISE DONT TAKE
